24 September 2011
Please let me know the provisions to claim deduction of fees/tution fees paid for performing MBA in a recognised university from my gross salary under Income Tax Act
24 September 2011
There is no deduction for tution fees paid on your own education. But if you have taken any education loan ,you can claim the deduction u/s 80E for the Interest paid.However there is no benefit available on the repayment of principal amount of the loan.
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