02 February 2010
Dear Sir/Madam Interest on educational loan is being paid by me for the last four financial years but i have not claimed the deduction U/s 80E in my IT returns during the period as my income was below the maximum amount not chargeable to tax. During this financial year i want to claim the deduction. Can i deduct the entire interest paid during the period of four years or only the interest pertaining to the previous year?
CAclubindia
