Dear All,
Can anyone tell me about the limit of tx exemption on Interest on education Loan.
Senu Reddy
(ca final)
(291 Points)
Replied 22 June 2016
under secton 80 e there is no limit on interest part.. it can be claimed for maximum of 8 years or clearance of loan which ever is earlier
Rateesh
(Accountant)
(95 Points)
Replied 22 June 2016
Dear Soumya,
There is not limit of interest on education. You can take dedcution u/s 80E what ever interest should be paid.
Thanks & Regards
Rateesh
Shishir Nayak
((Expert))
(369 Points)
Replied 22 June 2016
Louza
(CA Final )
(244 Points)
Replied 22 June 2016
Interest on education loan can be claimed u/s 80E and there is no limit for the same.
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