INCOME TAX

Tax concession for repayment of loan taken for pursuing higher studies - Section 80E of the Income-tax Act - Studies in architecture - Clarification regarding

Circular No. 688

Dated 23/8/1994

A doubt has been raised whether graduate or post-graduate courses in architecture would be covered as a branch of engineering for the purpose of the tax concession under section 80E of the Income-tax Act.

2. It is hereby clarified that, for the purposes of section 80E, graduate or post-graduate studies in engineering would include such studies in architecture.

(Sd.) K. M. Sultan,

Director (TPL-II).