I have taken an education loan on my name but every month the instalment gets debited from my fathers account and i deposit the money in my fathers account. now i want to know whether i will be eligible for tax saving under section 80 for the repayment of interest on education loan or not
1 Answers
In case loan account is in your name and bank can provide interest certificate on your name, then you would be able to claim deduction u/s 80E.
can you please explain in detail about the Loan account
Bank will provide a interest certificate and whose name is mentioned on that, should be able to get tax deduction.
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