12 June 2013
Sir, My son has taken loan for his higher PG education. I am co-borrower of the loan. During the course I was paying the interest of the loan amount and got exemption in income tax. Now the course has been completed and my son has joined a job. My questions are : 1. can I still pay the loan amount? Now my son has the job. 2. Can I get the exemption against the paid interest for education loan?
CAclubindia
