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80c

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04 February 2015 if son has deposited amount in FD in the name of father, then whether he can take deduction u/s 80 c or not?
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CMA. CS. Sanjay Gupta

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CMA. CS. Sanjay Gupta (Expert)
04 February 2015 No. He can not claim deduction u/s 80C for the same.
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CS,CA F,Numrologi TusharSampat

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CS,CA F,Numrologi TusharSampat (Expert)
06 February 2015 only investment in 5 year tax saver fd taken in name of assessee himself is eligible for sec 80 C benefit.
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