Slab on Higher Education other then educational allowance

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

09 April 2011 Dear Sir,

Can you suggest me what is the maximum limit elegible for rebate on Higher Education other then educational allowance.

Thanks

CA Ganpat Singh Rajpurohit

CA Ganpat Singh Rajpurohit (Expert)
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09 April 2011 as per section 80E of Income Tax Act

Deduction-

the entire amount of payment of interest on loan taken for his own higher education or higher education for his spous and children is deductible without any limit.