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80E-Intt. on Education Loan

Vikas (Accountant) (78 Points)

17 January 2019

There is an exemption of intt. on education loan us 80E. Does this exemption applied on all whose child/spouse studying within India or outside India?

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5 Replies

Ruchika Somani (Coaching and Practice in Tax Audit Law.) (4429 Points)
Replied 17 January 2019

It says for interest on loan taken for higher education from institute as authorized by CG or SG so only Indian institutes or educational centers are allowed.

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Vikas (Accountant) (78 Points)
Replied 17 January 2019

thanku to clear my douby

saurabh sawlani (Self employed ) (2191 Points)
Replied 18 January 2019

Loan taken to pursue higher education in India as well as abroad qualifies for deduction. " Ruchika Mam plz clear this query

Ruchika Somani (Coaching and Practice in Tax Audit Law.) (4429 Points)
Replied 18 January 2019

Act clearly specifies words that institution which are permitted by SG and CG and how can SG and CG of india permit other countries institution to run their education institute?

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