https://www.taxtmi.com/article/detailed?id=6512 The income tax provision allows deduction for interest on loans from specified financial or approved charitable institutions for higher education for a relative (spouse, child, or ward) for seven years from initial assessment; the statutory text contains no territorial limitation requiring the course be pursued domestically, so where the loan interest, student relationship, and documentary proof of higher education abroad are established, the deduction should not be denied solely because the studies took place outside the country. en-us Mon, 09 Nov 2015 12:31:25 +0530 Mon, 09 Nov 2015 12:31:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=6512 The income tax provision allows deduction for interest on loans from specified financial or approved charitable institutions for higher education for a relative (spouse, child, or ward) for seven years from initial assessment; the statutory text contains no territorial limitation requiring the course be pursued domestically, so where the loan interest, student relationship, and documentary proof of higher education abroad are established, the deduction should not be denied solely because the studies took place outside the country. Articles Income Tax Mon, 09 Nov 2015 12:31:25 +0530 https://www.taxtmi.com/article/detailed?id=6512