Deduction u/s. 80e

This query is : Resolved

shashin (Querist)
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21 November 2011 Dear Sir,

Please reply whether deduction u/s. 80E is available for eduction loan taken for child's foreign study.

thanks
sp

RAMESH KUMAR VERMA

RAMESH KUMAR VERMA (Expert)
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21 November 2011 Deduction in Respect to Repayment of Education Loan

If you have taken an education loan from any financial institution or an approved charitable institution, Section 80E provides a tax deduction on the loan interest that you are paying.

Who is Eligible?

Individual assesses only. So, if you are part of an HUF, this deduction cannot be claimed by you.

FOR MORE INFO:

https://www.caclubindia.com/experts/deduction-under-section-80e-720185.asp

shashin

shashin (Querist)
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21 November 2011 Dear Sir,

Thanks for reply.

Can u please clarify whether deduction is available for study outside india u/s. 80E.

loan is taken from HDFC bank.

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shashin

shashin (Querist)
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21 November 2011 Dear Sir,

Thanks for reply.

Can u please clarify whether deduction is available for study outside india u/s. 80E.

loan is taken from HDFC bank.