IT deduction for children education loan

  1. How long can you claim the education loan deductions under Section 80E?
  2. Is deduction under 80E part of 80C?
1 Like

The interest can be claimed for a period of 8 years

No, it’s a separate deduction available (not part of 80C)

Bini D

1 Like

Hi

Interest on Education loan can be claimed for 8 years from the period of loan deduction and it will come under 80E.

1 Like
Powered by | India's No.1 Payroll and HR Software.
10,000+ Clients
150 Cities
1.3+ Million Users