https://www.taxtmi.com/news?id=3034 A deduction is available to individual taxpayers for interest paid on education loans under Section 80E, covering loans from financial institutions or approved charitable institutions for the taxpayer's or a relative's higher education. Amendments extended the deduction to all fields of study, including vocational studies, pursued after passing the Senior Secondary Examination or its equivalent from recognised or authorised schools, boards, universities or authorities. The concession represents revenue forgone by the government and is claimable to the extent of interest actually paid in the previous year. en-us Tue, 27 Mar 2012 19:04:31 +0530 Tue, 27 Mar 2012 19:04:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=3034 A deduction is available to individual taxpayers for interest paid on education loans under Section 80E, covering loans from financial institutions or approved charitable institutions for the taxpayer's or a relative's higher education. Amendments extended the deduction to all fields of study, including vocational studies, pursued after passing the Senior Secondary Examination or its equivalent from recognised or authorised schools, boards, universities or authorities. The concession represents revenue forgone by the government and is claimable to the extent of interest actually paid in the previous year. News - Tue, 27 Mar 2012 19:04:31 +0530 https://www.taxtmi.com/news?id=3034