Direct tax

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Querist : Anonymous

Querist : Anonymous (Querist)

28 November 2011 WILL RECCURING DEPOSIT GET DEDUCTION U/C 80C TO 80CCD.

CA. RICHI SAXENA

CA. RICHI SAXENA (Expert)
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28 November 2011 Only 5 year Term Deposits get deduction u/s 80C To 80CCD. This doesn't includes any Recurring Deposit as Recurring Deposit is not considered to be a Term Deposit.

CA. RICHI SAXENA

CA. RICHI SAXENA (Expert)
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28 November 2011 Only 5 year Term Deposits get deduction u/s 80C To 80CCD. This doesn't includes any Recurring Deposit as Recurring Deposit is not considered to be a Term Deposit.

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