Interest on education loan

This query is : Resolved 

08 March 2013 Whethe interest paid on Education loan is allowable to employee while calculation of TDS u/s 192 by employer?

08 March 2013 Yes. It is allowed without limit.

But the loan must have been taken for higher education of employee himself, his spouse or his childrem

08 March 2013 Yes, Provided Employee Provide Details.




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