Section 80E of Income Tax Act (India)

GPTKB entity

Statements (21)
Predicate Object
gptkbp:instanceOf Section of Indian Income Tax Act
gptkbp:appliesTo individual taxpayers
loans for studies abroad
loans for studies in India
gptkbp:deductionAmount interest paid on education loan (no upper limit)
gptkbp:deductionNotAllowedFor principal repayment
gptkbp:deductionPeriod maximum 8 consecutive years
gptkbp:deductionStartsFrom year in which repayment starts
https://www.w3.org/2000/01/rdf-schema#label Section 80E of Income Tax Act (India)
gptkbp:introducedIn Finance Act, 2001
gptkbp:loanMustBeTakenFrom gptkb:financial_services_company
approved charitable institution
gptkbp:loanTakenFor children
self
spouse
student for whom individual is legal guardian
gptkbp:partOf gptkb:Income_Tax_Act,_1961
gptkbp:providesDeductionFor interest on education loan
gptkbp:targetUser higher education
gptkbp:bfsParent gptkb:Medical_Education_Loan
gptkbp:bfsLayer 7