Income Tax Benefits u/s 80E

You as an individual can claim tax deduction under section 80E if your education loan is taken for higher studies of self, spouse, children or a student for whom you are the legal guardian. Remember, loan can be taken for higher studies of; To claim tax deduction under section 80C, education loan must be in the name of the assessee. If its taken for higher studies of … [Read more...] about Section 80E – Tax deduction on Education loan for higher studies