Educational loan EMI claim

Nagalaxmi (Querist) 27 October 2018 This query is : Resolved
Dear sir/madam,
I have applied for education loan of 5 lac for my daughter in 2013. I am the MOTHER and Every month an intrest of 999rs for the first installment gets deducted from my account . As of this year 2018 an EMI of 12000 started getting deducted.it is a joint account of my daughter and husband.I am registered as only the third party guarantee on the loan annexure. And since I am paying the EMI I want to claim the income tax benefit. Can I as a mother claim the income tax benefit?? I contacted the bank for an account statement but it only shows my husband and my daughter's name and since my daughter was a minor at the time of taking loan. It only shows that money gets deducted from my account to my husband account.( Can I use the EMI payment for income tax benefit?. If not y???)

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Isaac Gabriel (Expert) 28 October 2018
Ask any Chartered Accountant or Income tax practioner about the tax liability and exemption.

KISHAN DUTT KALASKAR (Expert) 28 October 2018
Dear Madam,
Normally the answer must be yes. But it is better for you to check with the tax practitioner or the chartered accountant.
Please mark “LIKE” if satisfied by my answer.