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IT 80 C deduction
can fd for 5 years shown under 80 c deduction??
Replies (4)
No...it can't be..
FD will taxble under other income...
FD will taxble under other income...
No Interest from fd is other income
Yes the interest income will be taxble under other income
Tax saving FD of 5 years is rightly allowed U/S 80C.
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