Question ID :
39361
DEDUCTION U/S 80E
FATHER IS PAYING EDUCATION LOAN OF SON AS EMI.
SON IS IN EMPLOYMENT. NOW SON WANTS TO CLAIM DEDUCTION U/S 80E IN HIS PAN, WHEREAS THE PAYMENT OF EMI HAS BEEN MADE BY HIS FATHER. PLEASE ADVICE CAN HE CLAIM
Posted by
pradeep kumar agrawal
on
Aug 21, 2019
Filed Under
DIRECT TAXES
Son is not eligible per 80E(1) since he did not pay out of his income chargeable to tax.
Posted by
B.CHACKRAPANI WARRIER on
Aug 24, 2019
Answer ID :
79155
No. Only payer get the benefiit of deduction u/s. 80E.
Posted by
CA PRADEEP C B on
Aug 27, 2019