Eligible amt u/s 80c
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
29 July 2014
Rs 1,00,000 of FD deposited, what is the eligible amt deducted under section 80C
29 July 2014
All FD not eligible for deduction u/s 80C. Only 5 years Tax Saving FD are eligible for deduction u/s 80C. Limit Rs 1 lac for FY 2013-14. From FY 2014-15 limit is Rs 1.50 Lacs.
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