Deduction u/s 80 ccg

We can avail deduction on investing the money in any previous year u/s 80CCG. This means, simply, you invest money, you avail deduction (upto the extent of 50%) and if you don't invest you don't get deduction. Therefore no need to invest money each year unless you want to avail deduction each year. The condition is we have to keep that invested money in the notified scheme for 3 years which means, if you invest Rs.10,000 in 2014-15, you should not withdraw that Rs.10,000 upto 3 years i.e., 2016-17. In same way if you invest Rs.10,000 in 2015-16 you should n't withdra that money till 2017-18. Hope your doubt clarified.

Regards.