Querry regarding section 80 e -

SANKARAN.G. (Asst.Manager) (95 Points)

28 July 2012  

I've taken a  jewel loan(Purpose mentioned in the loan application is for Higher Education) for the purpose of admitting my son into a prestigious Engineering college as i could not make over with my little savings and hence took this step.  If i get a certificate from the bank(I don't know whether they will give), is it allowable under section 80 E and what is the maximum allowable limit.