education loan u/s 80e

harish .k (STUDING) (306 Points)

11 July 2010  

hi, to every one

my query is can an assessee can claim  deduction on repayment of education  loan i,e  is principal repayment as deduction u/s 80e ( as per my knowledge u/s 80e interest part only can claim as deduction i, e is also up to 8 yr's ).

for e.g Mr A. (father) has as taken loan for Rs 200000/-  for his son's education from a nationalised bank , after an yr his son got a job and suppose he is reppaying the installment of loan , can the son can claim deduction u/s 80c or not only father can claim , pls reply

Regards

Harish