Tax savings issues

This query is : Resolved 

03 June 2016 Dear expert,

My employee given 5 years tax savings FD certificate as tax savings investment in the f.y 2015-16, now can he get same benefit using that certificate in the next f.y? please guide in this case.

03 June 2016 no. valid only in the year of investment. interest on the same is taxable.



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