Tax saving fd deduction u/s 80c
This query is : Resolved
31 March 2016
Hi
Please let me know that for how many years i can claim the deduction of FD i.e. if i have deposited Rs. 100000 in a FD this year then this deduction is allowed for this year only or for 5 years?
Please let me know that for how many years i can claim the deduction of FD i.e. if i have deposited Rs. 100000 in a FD this year then this deduction is allowed for this year only or for 5 years?
31 March 2016
This year only because deduction is permitted only for the YEAR OF DEPOSIT.
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31 March 2016
the year in which you have made the FD
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