Tax on Income earned in India

Sumesh Gopurathingal (Business Analyst) (34 Points)

04 July 2011  

Hi,

I'm currently working in Copenhagen. I would be returning to India in October this year.

My query is when claiming exemptions under Sections 80C to 80 U this year, can I show all the eligible investments and expenses for the entire year. For example, I'm repaying my education loan. Even when I'm in Denmark I'm paying the EMI.

Can I can claim the entire years interest repayment as exemption under Sec 80E or will I be eligible only for pro-rata amount?

The same goes for other investments as well (like PF, insurance etc).

Looking forward to a response. Thanks in advance.

Kind Regards,

Sumesh