#1  
21st December 2015, 08:51 PM
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Is there any TDS exemption under Education loan?


I have taken education loan of Rs. 400000. I want to know if i can get any TDS exemption under education loan. Please reply.




  #2  
25th December 2015, 09:41 PM
SudeepKumarSaha
Senior Member+++++
 
Join Date: Dec 2013
Location: India
Posts: 8,583
Default Re: Is there any TDS exemption under Education loan?

Yes, you can definitely get TDS exemption if you are reapaying any education loan. You need to get proof of this from the financial organization to which you are repaying the education loan and submit it in your organization. Once the document is verified, you will be exempted from TDS to an extent depending on your current income.
Do you have any question? or have anything to say?





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