Sahil works in a technology company. On 1st January, 2013, he took a loan of ₹2,40,000 from his company for the education of his daughter. During the year 2014-15, he paid an interest of ₹26,000 towards the said loan and
CS Executive · Tax Laws and Practice · PYQS · June 2015
Sahil works in a technology company. On 1st January, 2013, he took a loan of ₹2,40,000 from his company for the education of his daughter. During the year 2014-15, he paid an interest of ₹26,000 towards the said loan and repaid principal component of ₹10,000. The deduction that he can claim under section 80E would be
Answer & Explanation:
Correct Answer: Option (A)
Official answer key: (A).
Topics: Income Tax
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