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Querist : Anonymous

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Querist : Anonymous (Querist)
21 April 2010 Dear Sir,
I want to know, monthly recurring deposit in Post office is eligibal for deduction of 80C to 80CCC.
we can take deduction from total Income or Not.
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CMA Ramesh Krishnan

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CMA Ramesh Krishnan (Expert)
21 April 2010 Monthly RD is not covered under 80C but 5 Year time doposit in post office eligible for 80C
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CMA. CS. Sanjay Gupta

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CMA. CS. Sanjay Gupta (Expert)
21 April 2010 AGREE WITH EXPERT



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CMA.Palani Arumugam

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CMA.Palani Arumugam (Expert)
21 April 2010 Agreed
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CA Ravi Sisodia

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CA Ravi Sisodia (Expert)
21 April 2010 for deduction u/s 80C only 5 years and above periods Deposits includs.
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CA Ashok Kumar Sahu

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CA Ashok Kumar Sahu (Expert)
21 April 2010 AGREED
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Chandresh Pitroda

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Chandresh Pitroda (Expert)
21 April 2010 agreed

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