section 80C
This query is : Resolved
27 February 2011
pls let me know whether fixed deposit created during the year 2009-10 & broke in year in the year 2010-11 eligible for getting deduction u/s 80C for the FY 2009-10?
27 February 2011
Lock-in period
These FDs have a lock-in period of 5 years. This means that once you invest, you can not withdraw the amount for 5 years.
These FDs can not be pledged for any reason for these 5 years. Also, no overdraft facility is available for these tax saver fixed deposits.
These FDs have a lock-in period of 5 years. This means that once you invest, you can not withdraw the amount for 5 years.
These FDs can not be pledged for any reason for these 5 years. Also, no overdraft facility is available for these tax saver fixed deposits.
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