Interest on education loan
This query is : Resolved
01 March 2014
SIr
In respect of interest on Education Loan paid from the joint account of Father and Son and the son who is employed and actually repaying the loan & Interest, whether the father can claim the Actual amount of Interest paid.Kindly explain the condtions and restriction of the same.
Thanks in advance
Regards
In respect of interest on Education Loan paid from the joint account of Father and Son and the son who is employed and actually repaying the loan & Interest, whether the father can claim the Actual amount of Interest paid.Kindly explain the condtions and restriction of the same.
Thanks in advance
Regards
01 March 2014
It is claimed by person, whose name wheather father or son, the bank sanction the loan amount.
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01 March 2014
If the loan is in the name of son and father is guarantor of the laon in such a case whether father can claim the interest actually paid him
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