Please Help: Section 80E
Posted Date : 09-May-2013 , 12:23:00 pm | Posted By: AASHU JAIN
Category :
Income Tax | Answers :
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1. If loan taken by individual for their own studies and repaid by his son out of his total taxable income then can son claim the deduction under section 80E for payment of Interest on loan.
2. Is vice versa is true.
3. What is meaning of full time studies.
4. Is CA-Articleship cover in term of full time studies?
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Answers:
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 Answer by: Vikky Kumar Jha |
| 1. No Deduction is available in case of loan taken by children for the education of their parents
2. yes, that is true
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