About tax saver fd

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56 Points Posted on 06 April 2020
can we invest upto 30 June for f.y. 19-20.
can i still do tax saver FD. please tell me.
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On 06 April 2020 at 17:24 Report
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Quick Summary
This discussion clarifies that you can still invest in a Tax Saver Fixed Deposit (FD) until June 30, 2020, to claim deductions for the Financial Year 2019-20. It also confirms that opening a second Tax Saver FD in the same bank account for the new financial year is permissible and won't cause issues. Furthermore, the thread touches upon joint account holders and their eligibility for tax benefits on separate Tax Saver FDs.

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"Do the Right Thing...!!!"
128157 Points Posted on 06 April 2020
Yes....
You can get deduction for the TS FD in the FY 19-20 which will deposit on or before 30th Jun-2020...
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On 06 April 2020 at 18:58
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56 Points Posted on 07 April 2020
Thank you sir
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On 07 April 2020 at 09:55
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128157 Points Posted on 07 April 2020
You are welcome Dear...
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On 07 April 2020 at 10:02
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56 Points Posted on 07 April 2020
Sir I already have a one tax saver fd in my account for f. Y. 2018-19. Can i do one more tax saver fd in the same bank account for f. Y. 2019-2020. Please answer
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On 07 April 2020 at 13:01
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128157 Points Posted on 07 April 2020
Can't understand...!

are you mean FY 18-19...? & FY 19-20..?
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On 07 April 2020 at 13:06
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56 Points Posted on 07 April 2020
I have done a tax saver fd last year for 2018-19. now i want to open another tax saver fd for 2019-2020 in the same bank account. so i will have two tax saver fd in the same bank account. does it occur any problem ?
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On 07 April 2020 at 13:11
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128157 Points Posted on 07 April 2020
You can deposit another tax saver FD...
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On 07 April 2020 at 13:13
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128157 Points Posted on 07 April 2020
You can deposit another tax saver FD for FY 19-20... Read more at: https://www.caclubindia.com/forum/details.asp?mod_id=545912&offset=1
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On 07 April 2020 at 13:16
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56 Points Posted on 07 April 2020
Thank you sir
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On 07 April 2020 at 13:18
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"Do the Right Thing...!!!"
128157 Points Posted on 07 April 2020
You are welcome dear
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On 07 April 2020 at 13:20
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26 Points Posted on 15 October 2020
I have one tax saver FD with my wife, wherein, I am primary holder and she is joint holder in either or survivor as MOP, can I open other tax saver FD in which my wife will be primary holder and I will be joint holder in either or survivor?? whether we both can claim tax benefit??
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On 15 October 2020 at 23:16

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