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Tax savings issues

This query is : Resolved 
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(Querist)
03 June 2016 Dear expert,

My employee given 5 years tax savings FD certificate as tax savings investment in the f.y 2015-16, now can he get same benefit using that certificate in the next f.y? please guide in this case.
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Nikhil Kaushik

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Nikhil Kaushik (Expert)
03 June 2016 no. valid only in the year of investment. interest on the same is taxable.
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