I taken an education loan from bank. I don't paid an interest last year. But I want to pay an interest of this loan in this F.Y. My loan's interest is about Rs.13000. My question is can I get exempution this amount?
Bharat Patel (teacher) (35 Points)
13 February 2010I taken an education loan from bank. I don't paid an interest last year. But I want to pay an interest of this loan in this F.Y. My loan's interest is about Rs.13000. My question is can I get exempution this amount?
Ashish Sharma
(Service)
(1028 Points)
Replied 13 February 2010
No, interets of education loan can be claimed on paid basis, so you can claim in which f.y. you are paying
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