09 February 2010
what are the documents required to claim the deduction on educational loan for children interest paid under Sec 80C of IT Act? Could you also clarify if the 2 percent rebate announced for educational loan by the state government stands and applies for loan taken for higher studies abroad??
10 February 2010
Banks issue a Certificate for payment of interest and principal. If you will get the same from the bank than you can claim under sec 80c