Tax saving fdr in case of death before 5 years
This query is : Resolved
15 January 2013
What will be the treatment of tax saving FDR
if a person has invested in tax saving FDR u/s 80C and died before completion of 5 years of said FDR.
if a person has invested in tax saving FDR u/s 80C and died before completion of 5 years of said FDR.
30 August 2013
before 5 years drawing fixed deposit it is taxable in the hands of assessee.since assessee no more,there is no question of taxability
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