IS FIXED DEPOSIT WITH NATIONALISE BANK FOR ONE YEAR ELIGIBLE FOR DEDUCTION U/S 80C FOR THE CURRENT FINANCIAL YEAR.
IS FIXED DEPOSIT WITH NATIONALISE BANK FOR ONE YEAR ELIGIBLE FOR DEDUCTION U/S 80C FOR THE CURRENT FINANCIAL YEAR.
Yes. Eligible for deduction u/s 80C of Chapter VI A of the Income Tax Act, 1961.
Regards,
Devendra Kulkarni
no it should be 5 or more than 5 year.
Agree with CA Lokesh Pokharna
Agree with lokesh
Yes, Agree with Lokesh. it should be 5 year or more time Tax saving scheme Fixed Deposit
CAclubindia
