Sir
Please solve the problem
A client has taken higher education loan for his son education, but the Loan sectioned by bank on his son Name, Now please suggest can father claim amount of Interest in his Income Tax Return or not.
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Deduction
Replies (2)
When father had applied for his son's education, and paying the interest part to bank, then father can claim the deduction.
Check the interest certificate issued by Bank, specifically name of EMI payer.
thank you so much sir for ur reply
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