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Tax benefit - interest on education loan, Income Tax |
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Tax benefit - interest on education loan |
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My query is on Education loan:- Wife and husband both had applied for the education loan jointly which was sanctioned by the bank in joint name.Husband is studying after utilising the loan money.Wife being the joint applicant is paying the interest money and some principle amount. Can she claim the tax benefit as she is paying the money. Posts / Replies Showing Replies 1 to 2 of 2 Records Page: 1
She can claim the interest payment (applicable from the assessment year 2008-09)
Yes, the provisions of Section 80E as amended allowed the benefit of deduction in the hands of wife for loan taken towards higher eduction of her husband. Page: 1 Old Query - New Comments are closed. |
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