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  #1  
21st October 2015, 01:46 PM
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Am I eligible to get Tax Rebate against education loan for my brother's education?


Dear Friends,
I have taken Education Loan for my Brother who is doing MS in Germany. Now here in India I want rebate in Tax. So, I am eligible for getting Tax rebate?




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  #2  
24th October 2015, 01:31 PM
SudeepKumarSaha
Senior Member+++++
  
Join Date: Dec 2013
Location: India
Posts: 8,583
Default Re: Am I eligible to get Tax Rebate against education loan for my brother's education?

Yes, you are eligible for income tax rebate since you are co-borrower of the education loan which your brother has taken for MS in Germany. You can show the education loan and the interest being paid by you while filing tax file. You should have the proof from the concerned bank to claim rebate in your income tax.
Do you have any question? or have anything to say?



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