Can i fre mature my tax saving fdr
This query is : Resolved
Girish Agrawal
(Querist)
11 August 2011
RES ALL MEMBERS...
I INVEST 5 YRS FDR IN MY BANK. BUT I DO NOT CLAIM 80C.
CAN I FRE MATURE MY TAX SAVING FDR.
BANK SAID:- PRE MATURE IN TAX SAVER FD ARE NOT ALLOWED.
CAN I GO CONSUMER FORUM
GIRISH AGRAWAL
DURG, CHHATTISGARH
I INVEST 5 YRS FDR IN MY BANK. BUT I DO NOT CLAIM 80C.
CAN I FRE MATURE MY TAX SAVING FDR.
BANK SAID:- PRE MATURE IN TAX SAVER FD ARE NOT ALLOWED.
CAN I GO CONSUMER FORUM
GIRISH AGRAWAL
DURG, CHHATTISGARH
O.D.SHARMA
(Expert)
11 August 2011
No.tax saving FD cannot be premature liquidated.
Message likes :
1 times
U S Sharma
(Expert)
11 August 2011
5 Year tax savings FDs are specific, they can not be put for lien or pre matured,
look at face of FD receipt, where if mentitioned or stammped as "eligible for 80C deduction" then its locked and you can not encash it.
look at face of FD receipt, where if mentitioned or stammped as "eligible for 80C deduction" then its locked and you can not encash it.
Message likes :
1 times
11 August 2011
FD for tax saving cannot be matured before the expiry of the term
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Depreciation Chart Companies Act
- GST Audit whether Govt Companies are exempt?
- PTRC Show Cause Notice on Email
- Accounting treatment of AMC alongwith the purchase of Laptop
- Unable to File TDS Q2 Return – New TRACES Portal Error
- EPF ECR NEW RULES Sep 17th 2026
- MSME disclosure and disallowance
- GST Treatment of Purchases with GST Paid where Outward Supplies of Manufactured CattleFeed Exempt
- Issuing of delivery challan by seller of goods
- Taxation of crypto futures in India Fy 2026- 2027
- Expert Help Required for TDS Refund 100000 Through TRACES – AY 2022–23
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
