Deduction under section 80E can be claimed for interest on loan for:
CS Executive · Tax Laws · PYQS · December 2024
Deduction under section 80E can be claimed for interest on loan for:
Answer & Explanation:
Correct Answer: Option (A)
Official answer key: (A), (B). Official source note: Option A / B both are correct. Section 80E Deduction in respect of interest on loan taken for higher education. Further "higher education" means any course of study pursued after passing the Senior Secondary Examination or its equivalent from any school, board or university recognised by the Central Government or State Government or local authority or by any other authority authorised by the Central Government or State Government or local authority to do so;
Topics: Income Tax Act
Related Questions in this Topic
- Rajat purchased a car for his personal use for ₹ 5,00,000 in April, 2020 and sold the same for ₹ 5,50,000 in July, 2023....
- Capital asset excludes all except ..........
- Loss from the activity of owning and maintaining race horses can be set off against .......... of the same assessment ye...
- Income of a minor child from a Fixed Deposit with a bank, made out of income earned from scholarship, is to be :
- In terms of Section 2(42A), listed securities are treated as long-term capital asset, if they are held for a period of m...