80c deduction
This query is : Resolved
22 February 2013
Whether Recurring deposit for 5 year qualifies for term depsoit for the purpose of Sec 80C ?
22 February 2013
Recurring Deposit would not qualify as term deposit u/s 80C
22 February 2013
The ANswer to your query is :- No
22 February 2013
no, term deposit means 5 years special tax saving FD
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