Clarification

This query is : Resolved 

07 August 2008 I Want To Just Opine On Answer Given By CA Ramesh Ahuja To The Question Of 80-c Deduction For Investment In RD.
As Far As Mumbai is concerned The Income Tax Department Does Not Allow The Deduction and in My Opinion Even there is no specific Provision in the law For Deduction of the same.

08 August 2008 80C is allowed if the money is put on fixed term of 5 years.

08 August 2008 That What I Am Telling Na.
5 Year Time Deposit Is Allowed Not Rd.


19 June 2023 Not eligible.



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