My Person has taken a loan for doing he claim fulltime MBA for his son.....loan is in joint name of father and his son.so can
he claim interest deduction in P.y.2009-2010....
Parthiv Shah (JOb) (39 Points)
21 April 2010My Person has taken a loan for doing he claim fulltime MBA for his son.....loan is in joint name of father and his son.so can
he claim interest deduction in P.y.2009-2010....
Amir
(Learner)
(4016 Points)
Replied 21 April 2010
Dear Sir,
A father is eligible for deduction in case of education loan for his son provided he(Father) has made the repayment...
MBA course is covered it is from an approved/recognised university.