Deduction u/s 80c
This query is : Resolved
03 June 2015
i wanted to know, weather monthly re-curing deposit with bank is eligible for deduction u/s 80c, as investment???
03 June 2015
No it is not. On the contrary its interest is taxable.
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04 June 2015
no, its intt will be taxable under the income from other sources
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