Deduction U/S 80C
This query is : Resolved
17 February 2017
I have made investment in F.D for claiming deduction u/s 80C on 18.03.2016 but due to some problem bank made FDR on 1.04.2016 although the debit in the account was on 18.03.2016 and it is duly reflecting in the statement.
So please suggest me can I claim 80C deduction when amount debited in my account on 18.03.2016 but FDR was made on 1.04.2016
17 February 2017
80c deduction can be claimed only for the FDR made date.
17 February 2017
Eligible to claim 80C in financial year 2016-17 only.
17 February 2017
Then due the mistake of bank , assessee will suffer.
Although the debit entry for the amount of FDR is 18.03.2016.
What should I do
should I claim or not on the basis of entry in bank statement .
17 February 2017
Ask your bankers to change the date of FDR, it is possible as the have debited your ac. Unless the date of deposit is changed you can't claim based on the entry in the bank statement.
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
- Off Market debit and credit transaction
- Showing Gift from relative in ITR for this year
- Share accounting-->fifo - capital gain - period as per fifo?
- ITR selection for salaries and capital gain less than L
- Short Term Capital gain on shares bought and sold after 2018 onwards
- ITR filing- non tax audit cases- Asstt.Year 2026-2027
- Soyabean hsn code and gst rate
- Treatment of Pension ?annuity returns on PMVY
- GSTR-4 Annual Return ! Pending Returns for F.Y. 20-21 to 22-23
- GST Taxability
- TDS on payment to CHA as per new section
- Sale of Forign Shares
- INCOME TAX ON REDEVELOPEMENT OF FLAT
- Form 10E u/s 89(1). Need clarification because experts opinions differ !!!!
- Gst invoice numbering and delivery challan numbering
- Standard Deduction claim for EPFO Pension and ICICI Prudential Life Annuity
- Small dealers gst returns filing
- Sales amount in Gstr1
- CG after sale of flat
- E Commerce GSTR1 & 3B how to file
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
