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Investment in tax saving bond

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(Querist)
25 August 2014 Dear Sir,

Can one invest Rs.150000/- in TSB now , or should wait for the finance bill to pass.

Regards


Viswanathan R
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CS,CA F,Numrologi TusharSampat

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CS,CA F,Numrologi TusharSampat (Expert)
25 August 2014 finance bill has already been finance act 2014 and which bonds u asking for
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VISWANATHAN

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VISWANATHAN (Querist)
25 August 2014 I am sorry. It should read Tax Saving Fixed Deposit.

Regards

Viswanathan R



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CS,CA F,Numrologi TusharSampat

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CS,CA F,Numrologi TusharSampat (Expert)
26 August 2014 kindly mention under which section ur asking for.
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Rupesh Jain

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Rupesh Jain (Expert)
26 August 2014 if you have tax saving FDR then intt will be taxable according to period and principal is not taxable.
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VISWANATHAN

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VISWANATHAN (Querist)
26 August 2014 thanks for the reply. it is wrt to 80C. I have already invested 100000/- . In the budget the limit of 80C was increased to Rs.150000/- Hence my question, whether i can further invest RS.50000/- now .

Regards

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