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
|