I have two questions to raise.
1) can tax saving F.D.R. be used to raise loans and over draft or limits.
2) is it mandatory for tax saving f.d.r. to be of exactly five years and not more than that.
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Tax Saving F.D.R.
Replies (1)
1) NO
2) YES, and specifically it should be mentioned, TDR u/s 80C of incometax
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