80 c
This query is : Resolved
14 March 2013
Investment in AXIS Bank as a fixed deposit for 5 years is eligible for deduction u/s 80 C ?
14 March 2013
If such deposit is under tax savings scheme then eligible for deduction u/s 80C.
OM SAI SRI SAI JAI JAI SAI
OM SAI SRI SAI JAI JAI SAI
14 March 2013
provided it should be tax saving FD.
only 5 year is not the critria.
on certificate it should be written that it is tax saving FD and Cant Prematured before 5 Year at any cost.
only 5 year is not the critria.
on certificate it should be written that it is tax saving FD and Cant Prematured before 5 Year at any cost.
14 March 2013
Yes eligible for 80C. For details please see
http://www.axisbank.com/personal/deposits/tax-saver-fixed-deposit/tax-saver-fixed-deposit-features.aspx
http://www.axisbank.com/personal/deposits/tax-saver-fixed-deposit/tax-saver-fixed-deposit-features.aspx
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Manual Rectification through AO
- IT Return filed defective u/s 139 (9)
- Fixed Deposit Claim Relinquishment by the Nominee
- Defective Return - Tds on advance
- Income Type for interest from government bonds
- Not a CA , can we prepare balance sheet
- TCS ON SOFTWARE SALES
- Is receivable or recoverable same thing
- Bifurcation of prepaid expenses
- What is meaning of cumulative method of interest
- TDS - Form 26QB - Installment - Final payment Query
- ITR 6 Schedule CFL and UD Issues
- Gstr 9 2023-24
- GSTR-9 HSN Summary and Credit Note without item
- Interchangeable words in accounts
- Adjusted profit/Loss in the case of LLP and Pvt. Ltd.company
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
- Query for dubts
Trending Online Classes
-
Landmark Judgments: Important Provisions of the EPF & ESI Act interpreted by the Honorable Supreme Court of India
Mr.Balamurugan Ranganathan15 November 2024
CAclubindia
