deduction in total income
This query is : Resolved
05 February 2011
if i takean FD palan of 555 or 1000 days then deduction can be allowed to me in U/C 80C
05 February 2011
No..
shall be more then 5 yrs
shall be more then 5 yrs
05 February 2011
Provided the said FD is covered under Bank Term Deposit Scheme,2006. The details of the scheme are available in CBDT Notification S.O.1220(E) dated 28/7/2006.
05 February 2011
Yes. Duration must be not less than five years.
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