Ajay (Article associate) (29 Points)
23 December 2016
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(160317 Points)
Replied 23 December 2016
No, allowed only in the year it was booked.. Secondly the FD should be specifically allowed for 80C deduction.
Kajal Jain
(Freelancer-Chartered Accountant)
(551 Points)
Replied 23 December 2016
Prashant Maheshwari
(CA Final )
(46 Points)
Replied 23 December 2016
Deduction allowed u/s 80C in the year of Utilisation of Income ..
Vaishnavi Ganesh
(Chartered Accountant)
(861 Points)
Replied 23 December 2016
Only tax saver deposits prescribed for this purpose are allowed to be claimed in the year of depositing the sum. AY 2016-17 in this case
FCA surbhi jain
(FCA)
(897 Points)
Replied 23 December 2016
Yes it cannot be allowed in AY 17-18. As it relates to AY 16-17.
gopal
(student)
(212 Points)
Replied 23 December 2016
Jatin
(Student CA Final )
(39 Points)
Replied 23 December 2016
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