Post office recurring exempted u/s.80c

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Querist : Anonymous

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Querist : Anonymous (Querist)
27 July 2014 one of my clients monthly recurring in post office Rs.1000/-monthly. yearly Rs. 12000/-..he can get exemption u/s.80c.
or not.2) post office time deposit is exempted u/s.80c.

pl. clear

27 July 2014 RD in post office is not eligible for deduction u/s 80C. Only 5 year post office time deposit is eligible for deduction u/s 80C.


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