CA Sansaar
- All Categories
- Income Tax (1634)
- Students (770)
- Service Tax (497)
- Corporate Law (465)
- Audit (399)
- Accounts (341)
- VAT (277)
- GST (145)
- Excise (106)
- Finance (105)
- Banking (46)
- FEMA (40)
- Custom (29)
- Shares & Stock (18)
- IFRS (18)
- Income Tax Software (5)
- Cost Inflation Index (1)
Recent
- Income Tax Notice Received: What Should a Taxpayer Do?
- IN A GOVT OWENED PSU, MAKE PROVISION IN ACCOUNTS FOR ITEM HAVING CONTIGENCY IN NATURE
- GST Notice Received: How Should a Taxpayer Respond?
- CA vs CMA: Which is better?
- Can a Chartered Accountant Sign Estimated Financial Statements?
- Want to assist in Forensic Audit
- Revising 3CA 3CD to 3CB 3CD
- LFAR in Bank Branch Audit - Clause-by-Clause Discussion by CA Vivek Khurana Notes required
- Bank Branch Audit
- Got high refund
- Form 67
- GSTR9
- Partner of CA firm required
- RENEWAL OF REGISTRATION
- financial statements
- income Tax
- ITR Filing
- Property Attachement
- Liability of Independent and Non-executive director
- financial statements
- stock statement procedure for bank od loan
- ITR FILING OF ARMY UNIT
- signing of Project report
- NON CORPORATE BALANCE SHEET FORMAT
- CA FINAL
- Accounting Treatment of Mutual Fund under IndAS
- ITC Availed & Utilized on Supply from Non-Existent Firms
- GST Liability of Award received by a Company
- Reund of TDS Excess Deposited
- Income Tax TDS
- gst
- Reconstitution of partnership firm in case of death of partner and introduction of new partner
- Consolidattion of financial statemement
- PAYMENT TO OPEN AI AND ENVATO ELEMENT
- NR GST NUMBER
- Presumptive Income
- tax audit late filing penality provision applicable f.y.23-24
- Interest in outstanding demand
- sale turnover declared as per books or AIS show in itr f.y.23-24
- GST
Q. > Please Help: Treatment of education loan?
What is the treatment of education loan taken in the name of child? Can the father claim interest as deduction in his income?
answered Jun 30, 2012 by Rishabh Upadhyay , Chandigarh
Yes, interest of education loan taken in the name of child is allowed as deduction from the income of parents
answered Jun 30, 2012 by Vikash Kumar Jha , Cuttack
he can claim interest as deduction Under section 80E from his gross total income
answered Jun 30, 2012 by Siddharth Bumb
he can claim interest on loan under section 80E
answered Jun 30, 2012 by Rambabu Senkarasetti , Guntur
Thankyou sir.
answered Jul 01, 2012 by Krishna Chandra Santi , Chennai
Child is coming under the meaning of relative. So deduction is allowed u/s 80E. Please note quantum of deduction is the amount paid during the previous year towards interest.
Experts Panelist
Comments