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Interest on fixed deposit

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19 December 2014 interest on fixed deposits can claim deduction under section 80c

19 December 2014 No.

You cant claimed as deduction u/s 80C.


20 December 2014 Additionally, Interest Income will be taxable under the head Income from Other Sources. No exemption. No exemption. No deduction.




20 December 2014 no it is not u/s80C. but it is taxable under income form other sources.



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