80's deduction
This query is : Resolved
04 February 2013
IS INTEREST ON FDR EXEMPT FROM TAX UNDER SECTION 80?
06 February 2013
First thing, Income are exempt under section 10.
Section 80C prescribes deduction.
Interest on FDs is not deductible under section 80C nor it is exempt under section 10 .
Section 80C prescribes deduction.
Interest on FDs is not deductible under section 80C nor it is exempt under section 10 .
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