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Interest on r.d (post office)

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12 March 2012 1. is Interest & Investment on R.D (post office ) qualifies for any Tax rebate / Exemption under the Income tax act. If yes under which section of the act.
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CA Ghanshyam Joshi

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CA Ghanshyam Joshi (Expert)
12 March 2012 Interest on RD Post office is not exempt only PPF Interest is exempt.
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CA Kamal Gangaramani

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CA Kamal Gangaramani (Expert)
12 March 2012 interest on Post Office also does not qualify for any rebate. Only Post officer NSC 8th Issue qualifies for deduction u/s.80C
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