Tax saving fd
This query is : Resolved
06 November 2013
Sir,
Can I invest in Tax savings FD either in Bank Of India Star Sunidhi Tax Saving Deposit scheme or State Bank of India Tax Savings Scheme 2006 (SBITSS) for tax saving fd? This scheme is tax saving or not?
Can I invest in Tax savings FD either in Bank Of India Star Sunidhi Tax Saving Deposit scheme or State Bank of India Tax Savings Scheme 2006 (SBITSS) for tax saving fd? This scheme is tax saving or not?
CMA Ramesh Krishnan
(Expert)
06 November 2013
Both are tax savings FD , it shows the name itself, presently FD in 5 years terms is eligible for deduction u/s.80C. you can check the same and deposit
06 November 2013
Advisable to get it confirmed from bank.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Gst credit note by supplier
- Due date for filing return for the partner in partnership subjected to Tax Audit
- Missed uploading GST Invoice
- Query on effect of registration of property
- Movement of goods by packers and movers - type of sale - Reg.
- Wrong CMPo8 file
- GST on reimbursement of expenses
- Gratuity paid to legal heir above 20 lakh is taxable or not
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- "Please ensure that the Total of the Deductions u/s 54F match the same in Table D in Sch CG"
- Need to correct "Whether it is last installment " response in Form 26 QB
- " Income from House Property " in joint names of co-owners
- REGARDING TDS RETURN OF FORM 27Q
- Notice under e-Verification Scheme
- GST demand notice for ITC reversal against exempted supply.
- RCM ON SECURITY CHARGES FROM INDIVIDUALS
- How to get money back from delisted company
- ITC not to be taken in accounts & GSTR-3B
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
