Fixed deposits


This query is : Resolved 

(Querist)
15 February 2019 regular fixed deposit for 5 years can I claim under for 80C

15 February 2019 No. It should qualify for 80C

15 February 2019 For 80C, the deposit should necessarily be made under the 'Bank Term Deposit
Scheme,2006'.
Citation :- 284 ITR (St) 73.


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