Repayment of interest on loan taken for part time studies eligible for deduction u/s 80E or not ???
reply frnds....exam time...
9 Replies
priyanshu saxena
(MBL LL.B.(Hons.) CS (Professional) with 4 yrs exp as Law editor in Thakur Publishers Pvt. Ltd.)
(2653 Points)
Replied 03 October 2011
refer this link.............../forum/doubt-in-section-80e-105608.asp
Mahabir Tibriwala
(Student)
(40 Points)
Replied 03 October 2011
No, deduction u/s 80E is available only for full-time studies for any graduate or post-graduate course in engineering, medicine, management or for post-graduate course in applied sciences or pure sciences including mathematics and statistics.
Rahul Suneja
(CA-Final, CS-Exec)
(215 Points)
Replied 03 October 2011
no as per sec 80e deduction is only allowed when intrest is paid for full time education and it should be paid only in India
armchairca
(Day trader/ Entrepreneur / IPCC student)
(146 Points)
Replied 03 October 2011
| Originally posted by : Mahabir Tibriwala | ||
 |
No, deduction u/s 80E is available only for full-time studies for any graduate or post-graduate course in engineering, medicine, management or for post-graduate course in applied sciences or pure sciences including mathematics and statistics. |
 |
Vandana Mulchandani
(Finance Manager )
(9227 Points)
Replied 04 October 2011
No deduction of interest is allowed for part time studies U/s. 80E
SANYAM ARORA
(“It's hard to beat a person who never gives up.”)
(20173 Points)
Replied 04 October 2011
Not available bro......!!!!!!
All the best
CA Chandani
(CA)
(217 Points)
Replied 04 October 2011
No deduction for part time....
has to b full time n nly in INdia
CA. Vikash Dwivedi
(Financial Planning & Analysis)
(3167 Points)
Replied 04 October 2011
80E is not for partime cources (like CA). In most of the correspondence course student do some job hence not allowed.
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