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Deduction u/s 80c for rd in post office

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Querist : Anonymous

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Querist : Anonymous (Querist)
30 March 2014 Sir

I want to know whether Recurring Deposit for 5 Years is eligible for Deduction u/s 80C.

What about the interest earned on RD Account.

For Assessment Year 2014-15.

Please Clarify

30 March 2014 No it is not exempted this falls u/s 10(14)



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