Fixed deposit
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
12 January 2012
dear sir,
i m a salaried person , i want to know whether investment in fixed deposit can be taken in 80c.
thanks
i m a salaried person , i want to know whether investment in fixed deposit can be taken in 80c.
thanks
Guest
Guest
(Expert)
12 January 2012
Yes, investment in FD to be made for a period of 5 years u/s 80C
12 January 2012
All investment in FDs not eligble for deduction u/s 80C....only specified bank's FDs are eligible for deuction u/s 80C with lock in period of 5 years as said by Ms Neha. for e.g Fixed deposit in SBI
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