Regarding section 80E deduction

POSTED BY lata ON June 16, 2011 7:50 am ONE COMMENT

Hi ,

I took education loan in April 2010 . However there is a moratorium period of 15 months on the principal repayment , which will start only in Aug 2011 . However I have been paying the interest since the beginning itself. Since i have some taxable income in FY 10-11, can i claim this interest deducution for FY 2010-11 under section 80E or am I eligible to claim it only when the principal repayment has started ?

Thanks

One reply on this article “Regarding section 80E deduction”

  1. Lata

    There is nothing like that , you can start claiming all the interest income (no limit)

    Manish

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