Can exemption be claimed for rd in bank?
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
23 November 2011
If a person has an RD account with the nationalised bank and deposits a certain amount every month. Can he claim the same for tax exemption?Pls clarify.
23 November 2011
Ar present depositing money in RD accounts is not eligible for tax exemption.
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