Matter of fd

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Guest

Guest (Querist)

26 March 2012 gud afternoon sir/mam,
i m a salaried class person . i want to know only this.that can i take deduction of FD. in income tax

JIGAR DALAL (Expert)
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26 March 2012 Yes, you can claim FD placed for minimum of 5 years for taking deduction in income tax

Guest

Guest (Querist)

26 March 2012 means sir mere fd 5 years ke liye hogi than i can take benfit of fd under section 80c

JIGAR DALAL (Expert)
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26 March 2012 Yes, You can claim amount U/s 80C up to ceiling limit of Rs. 100000/-

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Guest

Guest (Querist)

26 March 2012 but sir my fd from post office than cann i take benit of it.

JIGAR DALAL (Expert)
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26 March 2012 Yes, FD of Post office 5 years or more than five years allowed for deduction

Guest

Guest (Querist)

26 March 2012 thanks sir. any 1 condition for this . and plz add me sir

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