Deduction u\s 80C of R.D. A\C

Tax queries 1266 views 3 replies

Is the deduction of recurring deposit allowed u\s 80C

Replies (3)

Fixed Deposit/Term Deposit with Bank Can only be considered for deduction U/s 80 C.

regards,

ratan

RD is not allowed. Only FD deposited for 5 Years allowed

R.D. is not allowed.....

F.D. in a bank not less than 5 years........


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