Is 5-year Post office recurring deposit covered under 80C ?
This query is : Resolved
17 March 2009
Sir,
Is 5-year Post office recurring deposit scheme covered under 80C ?
Reply urgent
Subhash
Is 5-year Post office recurring deposit scheme covered under 80C ?
Reply urgent
Subhash
18 March 2009
R.D is not covered. But 5 years Time Deposit under Post Office Time Deposit Rules,1981 is covered vide section 80C(2)(xxiv).
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