#1
3rd March 2018, 01:54 PM
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Maximum amount to be claimed in Income Tax Rebate against Education Loan of Rs. 4 Lacs?
Hello, I am giving Income Tax and maintaining file from last 11 years. I have my own small business. Now, I have taken education loan for my Daughter of Rs. 4 Lacs. I want to know that what amount of tax rebate i get due to this education loan?
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#2
11th April 2018, 02:16 AM
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Re: Maximum amount to be claimed in Income Tax Rebate against Education Loan of Rs. 4 Lacs?
According to my knowledge, the banks will not provide you any rebate or concession against your tax in this education loan.
The bank will only provide you concession of 0.5% in interest rate just because the education loan is for the girl student. |
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