Deduction under 80c

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Querist : Anonymous (Querist)
18 February 2014 If an assesse has deposited in SBI tax saving deposit scheme for 5 years. can an assesse claim the same for deduction under 80 C for 5 years.??

18 February 2014 not at all. the deduction is provided only in the year in which you have invested. if you want to claim investment next year, then re-invest additional amounts.


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