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Deduction on chapter vi

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(Querist)
29 August 2018 FIXED DEPOSIT INVESTMENT Rs 205322 FOR 5 YEAR & MY INCOME 5.5 LAC FOR THE A.Y 2018-19, SO CAN I GET 80C DEDUCTION ON HOLE INVESTMENT AMOUNT 205322....???
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Gokul Sharma

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Gokul Sharma (Expert)
29 August 2018 FIRST CHECK YOUR FDR IS TAX SAVING OR NOT ? IF IT IS TAX SAVING FD THEN 80C CAN BE CLAIMED
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K Srinivas, CMA CS

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K Srinivas, CMA CS (Expert)
29 August 2018 Yes. Kindly ensure that your Fixed deposit is 5 year tax savings fixed deposit for claiming deduction u/s80C
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