Decduction under Sec 80C
This query is : Resolved
22 December 2010
Hi all,
I am salaried employee deposited certain amount in an account under post office time deposit rules in my fathers name(who is dependent on me) can i avail deduction on this deposit as per section 80C...pls help me on this
Thanks in advance
Srikanth
I am salaried employee deposited certain amount in an account under post office time deposit rules in my fathers name(who is dependent on me) can i avail deduction on this deposit as per section 80C...pls help me on this
Thanks in advance
Srikanth
CMA Ramesh Krishnan
(Expert)
22 December 2010
For Post office savings scheme- Father is not covered as dependent
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