80c
This query is : Resolved
Mahender reddy Baddam
(Querist)
04 February 2015
if son has deposited amount in FD in the name of father, then whether he can take deduction u/s 80 c or not?
04 February 2015
No. He can not claim deduction u/s 80C for the same.
06 February 2015
only investment in 5 year tax saver fd taken in name of assessee himself is eligible for sec 80 C benefit.
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