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  #1  
10th August 2015, 10:47 PM
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Whether Income Tax File is necessary to apply for Education Loan to study MDS?


Sir,
I am studying BDS in 3rd year now. I want to study MDS after my BDS. I want to take Education Loan from Bank. So, I want to know that Income Tax File is necessary for applying Education Loan?




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  #2  
16th May 2018, 07:37 PM
ajayrocks007
Senior Member+++++
  
Join Date: Mar 2012
Location: New Delhi
Posts: 20,581
Default Re: Whether Income Tax File is necessary to apply for Education Loan to study MDS?

If you are earning a taxable income, then you need to file your income tax return to get any kind of refund, if it is available. Usually, those who have taken education loan, can get income tax deduction.

Hence, it will depend on the income you or your family is earning. Hence, filing ITR will only help you or your family.
Do you have any question? or have anything to say?



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