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Exemption on fixed deposit

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(Querist)
28 March 2016 Sir I have taken a Fixed Deposit on 25th of March 2016 for a 5 Years, Rs.50,000/-.
Can I get exemption for 5 Financial Years(2015-16 to 2020-2021) or only for 2015-16 Financial Year ?
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
28 March 2016 Deduction u/s 80C can be claimed for one year for 2015-16 only.
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Murtaza I Bhagat

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Murtaza I Bhagat (Expert)
28 March 2016 only 2015-16 in which year you have invested.
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