Benefit of f.d u/s 80c in case of joint holding??


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Querist : Anonymous

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Querist : Anonymous (Querist)
14 September 2012 I want to know that if i have a term deposit(5yrs) in my and my my mother's name (jointly) , would i b allowed to avail benefit of savings U/S 80C for that whole amount?? Please explain.

14 September 2012 Please mention whose PAN is mentioned on the FDR.

The person whose PAN is mentioned on the FDR will be eligible to claim TDS.

Normally it is the person whose name appears first.


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