deduction u/s 80c along with 80e.
This query is : Resolved
21 March 2009
My brother has taken education loan for a full time MBA course. I want to ask if he can claim deduction u/s 80c (of tuition fees paid) along with deduction of interest u/s 80e?
21 March 2009
Dear Shobhit,
Tution fee for self is not considered u/s 80C(xv), it is availbe if paid for children (max of 2 children)
Your brother can only claim deduction u/s 80E for interest part.
Tution fee for self is not considered u/s 80C(xv), it is availbe if paid for children (max of 2 children)
Your brother can only claim deduction u/s 80E for interest part.
21 March 2009
i support mr. lokesh
23 March 2009
Lokesh sir is correct
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