i would like to know the latest rules regarding tax benefits to an individual who has availed educational loan for higher studies for one's child?
2007-02-12 13:38:36 · 4 answers · asked by vardini 1 in Business & Finance ➔ Taxes ➔ India
Only the interest paid against the educational loan will be exempted from tax under sec 80C
2007-02-12 19:34:08 · answer #1 · answered by Anonymous · 0⤊ 0⤋
You can avail the tax benefit under Section 80C.
2007-02-12 15:17:02 · answer #2 · answered by NeelS 2 · 0⤊ 0⤋
it comes under section 80C. U can avail tax benefit.
2007-02-12 13:57:30 · answer #3 · answered by abcdefg 5 · 0⤊ 0⤋
No earnings tax earnings is permitted on vechile own loan taken from bankers for human beings. although the businessmen can take the benfit via claiming depreciation on the motor vehicle and pastime on own loan quantity of their p&l account.
2016-12-17 08:43:30 · answer #4 · answered by ? 4 · 0⤊ 0⤋