Deduction
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
21 April 2010
Dear Sir,
I want to know, monthly recurring deposit in Post office is eligibal for deduction of 80C to 80CCC.
we can take deduction from total Income or Not.
I want to know, monthly recurring deposit in Post office is eligibal for deduction of 80C to 80CCC.
we can take deduction from total Income or Not.
CMA Ramesh Krishnan
(Expert)
21 April 2010
Monthly RD is not covered under 80C but 5 Year time doposit in post office eligible for 80C
21 April 2010
AGREE WITH EXPERT
CMA.Palani Arumugam
(Expert)
21 April 2010
Agreed
CA Ravi Sisodia
(Expert)
21 April 2010
for deduction u/s 80C only 5 years and above periods Deposits includs.
CA Ashok Kumar Sahu
(Expert)
21 April 2010
AGREED
Chandresh Pitroda
(Expert)
21 April 2010
agreed
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