Direct tax

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Querist : Anonymous (Querist)
28 November 2011 WILL RECCURING DEPOSIT GET DEDUCTION U/C 80C TO 80CCD.

28 November 2011 Only 5 year Term Deposits get deduction u/s 80C To 80CCD. This doesn't includes any Recurring Deposit as Recurring Deposit is not considered to be a Term Deposit.

28 November 2011 Only 5 year Term Deposits get deduction u/s 80C To 80CCD. This doesn't includes any Recurring Deposit as Recurring Deposit is not considered to be a Term Deposit.




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