Atul Sharma (Article assistant) (29 Points)
30 March 2013
Mihir
(Wealth Manager)
(5293 Points)
Replied 30 March 2013
Investment in Fixed deposit of not less than 5 years in a SBI is available deduction u/s 80C.
CA BHUMIT SHAH
(Consultant )
(270 Points)
Replied 31 March 2013
EVEN THOUGH MORE THEN 5 YEAR FDR IS AVAILABLE AS DEDUCTION BUT ITS INTEREST IS FULLY TAXABLE AND IF U FALL I 30% SLAB THEN ITS EFFECTIVE YIELD IS VERY LOW AS COMPARED TO P.P.F.
25 Hours GST Scrutiny of Return and Notice Handling(With Recording)
Survey, Search and Seizure under Income Tax Act 1961
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