Please tell me whether investment done in Fixed deposits for 5 years with any bank is eligible for 80C deduction or not?
or it has to be only deposited with Post office for 5 years for claiming dedcution u/s 80C?
Please reply its urgent?
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80c deduction in fixed deposits for 5 years ??pls help
Replies (3)
Only tax free fixed deposit for five years can be claimed for deduction U/s 80c.
All banks provide this service.
Agree with yogesh ji;
all banks offer such deposits......
Agree with above answers..but all banks include only scheduled banks n nationalised Banks
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