Education loan deduction

This query is : Resolved 

23 July 2009 Hi,I am an employee in MNC and want to pursue Executive MBA course.Its cost around 1 lac. If I take Education loan does it qualify for deduction under income tax as I am pursuing course with full time working in company?
Thanks for the reply.

23 July 2009 Interest paid on education loan will qualify for deduction u/s 80E

23 July 2009 No issues. The interest portion will be eligible for Sec 80E deduction.




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