Dear Freinds,
80C deduction 95000
80E interest on education loan 24500
Total deduction 119500
can i take full deduction of Rs 119500/-
or can i take only Rs 100000/- deduction U/C VIA
Please reply
Thanks in advance
aniket (Accountant) (561 Points)
19 February 2011Dear Freinds,
80C deduction 95000
80E interest on education loan 24500
Total deduction 119500
can i take full deduction of Rs 119500/-
or can i take only Rs 100000/- deduction U/C VIA
Please reply
Thanks in advance
CA abhinandan agarwal
(CA CS Bcom(H))
(174 Points)
Replied 19 February 2011
dear deduction u/s 80c allow only 100000 exemption.u cak take the exemption benefit u/s 80e.both are seperate ...
AJAY
(CWA Group 2)
(45 Points)
Replied 11 March 2011
In sec 80 C you can take deduction upto Rs 100000, where as education Loan comes under sec 80E.
You can take Rs 95000 in Sec 80C, and 24500 in sec 80E.
SANJAY
(CHARTERED ACCOUNTANTS)
(943 Points)
Replied 11 March 2011
I agree with both abhinandan and ajay..
ramesh
(Coming Weapon ( CA Final))
(86 Points)
Replied 14 March 2011
Yes above replies ..Correct..
i also agree with them