If education loan taken by student and repayment made by his parent it is allowable to claim deduction U/S 80E (repayment of interest) in the parent tax computation or not for the financial year 2009-10.
20 June 2010
Agree with Warrier Sir. Eduction loan should be taken by Assessee. If loan taken by student (and not by his parent for higher studies of his child) and repayment made by father, father will not be eligible for 80E deduction
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