Hi,
Wanted to know if Senior Citizen Savings plan for 5 Years is eligible for section 80C Benefit?
J Kishore Kumar (Investment Consultant) (26 Points)
13 April 2009Hi,
Wanted to know if Senior Citizen Savings plan for 5 Years is eligible for section 80C Benefit?
CA RAHUL GOYAL
(CA)
(97 Points)
Replied 13 April 2009
Yes, amount deposited under Senior Citizen Saving Scheme is deductible u/s 80C.