Can post purchase some sort of duty keeping FDR to have IT refund within 2011-2012?

by **hsabol** » Sat May 21, 2011 6:24 am

I need to spend 1 lakh rupees regarding keeping tax within the monetary calendar year 2011-2012 so Can when i invest in a duty keeping FDR for getting IT kickback within 2011-2012?

by **hgreuel** » Sat May 21, 2011 7:56 am

Yes this is certainly permissible within portion 80C but this kind of FDR need to be taxes salvaging FDR plus lock within time period is actually five years. Interest on most of these FDR is taxable as desire with ordinary FDR.

by **icewolfking** » Sat May 21, 2011 7:56 am

Yes this is certainly permissible beneath sections 80C but this particular FDR ought to end up being tax saving FDR and fastener around period of time is 5 years. Interest on these FDR can be taxable as attention with everyday FDR.

Can post purchase some sort of duty keeping FDR to have IT refund within 2011-2012?

Can post purchase some sort of duty keeping FDR to have IT refund within 2011-2012?

Re: Can post purchase some sort of duty keeping FDR to have IT refund within 2011-2012?

Re: Can post purchase some sort of duty keeping FDR to have IT refund within 2011-2012?

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