Clarification regarding Section 80E

This query is : Resolved 

10 October 2019 My daughter is pursuing her MS(Engg) in Australia. She has taken Educational Loan from a Nationalized Bank in Chennai. She passed out her Higher Secondary & her Graduation in Engineering- both from Board / University- recognized by State Government(Tamil Nadu). Appreciate if any one can clarify me on following:
i) Whether I am eligible to claim deduction under 80E,
ii) Is there any requirement that her Present Course needs to be approved by our State/Central Government, for eligibility to claim deduction under 80E.

11 October 2019 U r eligible if
i) u have taken the loan and
ii) repaid out of you taxable income.

Msc (Eng) need not be approved by Central /state government of India.



You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries