Deduction under section 80E for Son's Education in US

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  1. subramanian

    subramanian New Member

    I have a sanctioned loan of INR 20L taken in August 2013, for my sons' education (MS) in a US university, from SBI. I would have availed about 7.5 L till now and I pay off the monthly accrued interest through net banking from my savings account in SBI. Can I claim the interest I would have paid during FY 1/4/2013 to 31/3/2014 in my returns being filed for AY 2014-2015?

    Regards
    subramanian
     
    Last edited: Jul 25, 2014
  2. Karan Batra

    Karan Batra Well-Known Member

    Dear Mr. @subramanian

    The Interest paid by you can be availed as a deduction under Section 80E

    PS: Request you to never share your contact no. publicly on any website
     
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