Deduction in respect of interest on loan taken for higher education (Financial Institution) purpose of Section 80E(3)(b) of the Income-tax Act, 1961 - 79/2010 - Income Tax Act, 1961
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Education loan interest deduction: Credila specified as Financial Institution permitting claims under Section 80E for qualifying borrowers. The Central Government has notified Credila Financial Services Private Limited as a Financial Institution for the purposes of the education-loan interest deduction under the Income-tax Act, thereby classifying loans taken for higher education from that institution as qualifying for the statutory interest deduction.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Education loan interest deduction: Credila specified as Financial Institution permitting claims under Section 80E for qualifying borrowers.
The Central Government has notified Credila Financial Services Private Limited as a Financial Institution for the purposes of the education-loan interest deduction under the Income-tax Act, thereby classifying loans taken for higher education from that institution as qualifying for the statutory interest deduction.
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