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Investment in time deposits
I have made investment in 05 year tax saving FDR. Now I want to know whether I can claim deduction u/s 80C for 01 year or 05 year for above said investment in FDR.
Replies (6)
Only in the year of investment
Only in year 1
Yes. onky one time
That goes without saying. a single investment would get you deduction only once. how could someone take deduction for the same investment repeatedly.
Only for 1 year can be claimed
Agreed
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