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Discussion > Income Tax > Tax queries >

80c post office rd

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[ Scorecard : 61] 		Posted On 09 February 2012 at 10:26 Report Abuse

Is post office RD will eligible for deduction under 80C....?

Narendra choudhary
mumbai

[ Scorecard : 84] 		Posted On 09 February 2012 at 15:11

For Post office RD A/c , MIS A/c , Time deposit other then 5 Years  :-

Treatment of original investment  :   No deduction

Treatment of regular income accrued/received before maturity :   Taxable

Treatment of Amount received on Maturity  :   Not Taxable 

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