80 c deducation
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
15 April 2017
Dear Experts,
I want to know that monthly contributation in RD post office (5Year or more) eligible to claim deducation u/s 80C....
Thanks in Advance
I want to know that monthly contributation in RD post office (5Year or more) eligible to claim deducation u/s 80C....
Thanks in Advance
CMA Ramesh Krishnan
(Expert)
15 April 2017
No. RD is not eligible for 80C , one time deposit/FD for 5 years or more is eligible for deduction
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