Deduction u/s80E

Question

Deduction u/s80E

17 Aug 2023

Answer :

Word Count : 458

Section 80E of the Income Tax Act, 1961, provides for a deduction in respect of interest paid on loans taken for higher education. This deduction is available to individual taxpayers, including parents or legal guardians who have taken loans to fund the higher education of themselves, their children, or a student for whom they are the legal guardian. Here are the key features of the deduction under Section 80E:

Eligible Taxpayer: The deduction under Section 80E is available to individual taxpayers, including Hindu Undivided Families (HUFs). This deduction is not available _________ ___ ____ ____ ___ _________ ______ ________ ______ _______ ________ ____.
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