To claim deduction of Education Loan Interest, which documents required, Statement is enough or to get Certificate from bank.
3 Replies
Sanket Damodar Karve
(Business)
(179 Points)
Replied 23 March 2010
Mostly take the certificate from Bank. In either case the same will not be attached with the ITR.
Regards
Ratan Deep Saxena
(Asstt Manager (Accounts & Finance))
(2998 Points)
Replied 23 March 2010
A statement from Bank showing payment made to bank during the financial year is sufficient to claim deduction for education loan (Pricipal + Interest).
regards,
ratan
Subash Srinivasan
(chartered accountant)
(390 Points)
Replied 23 March 2010
The Certificate form the bank regarding the payment of interest or the statement of loan paid authorised by bank showing interest and principal component
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