Interest on tax saving fd is saving or not

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Querist : Anonymous

Querist : Anonymous (Querist)

08 January 2015 R/sir,
Interest on tax saving fd is saving or not for current year. Simply i want to ask u interest on such savings may be treated as saving?

CMA. CS. Sanjay Gupta

CMA. CS. Sanjay Gupta (Expert)
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09 January 2015 No. Not treated as savings and no deduction is available u/s 80C.

Querist : Anonymous

Querist : Anonymous (Querist)

12 January 2015 R/sir thanks for your kind reply. i want to ask a query; i am a salaried person but our department pays salary after delay like march in july, april & june in august etc. do my salary is treated in first quarter or in second in above case and subsequents.....

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