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80c rebate fixed deposit

Querist : Anonymous (Querist) 06 January 2012 This query is : Resolved 
sir
meri 70000.00 ki bank mein fixed deposit hai kya main incometax mein iski 80c mein rebate le sakata hoon.
Sailesh Kumar Shah (Expert) 06 January 2012
aap tabhi le sakte, jab fd 5 SAAL Ke liye speceifically bank se banwai ho.

80c ke liye banwai fd ka premature pymt bank nahi kar sakti hai, jab ke other fd ka maturity ke pahele bhugtan kiya ja sakta.
prabhakar singh (Expert) 06 January 2012
It is specially provided that too by only nationalized banks and for a long term. Inquire from the bank if it is that very FD or not.
Rajeev Kumar (Expert) 06 January 2012
I agree with experts
M/s. Y-not legal services (Expert) 06 January 2012
may i know the meaning in english?

-tom-
Raj Kumar Makkad (Expert) 06 January 2012
Aapne sirf saving khata main paisa rakha huwa hai isliye aapko aaye kar adhiniyam ke antargat kisi parkar ke kar se koi rahat nhi milne wali hai.

Yadi aap isko panchvarshiye avdhi ke liye jma karke rakhte hain tabhi labh ke patar honge.
soumitra basu (Expert) 08 January 2012
The impugned fixed deposit for getting rebate under section 80C has to be made under a special schment. Any fixed deposit for more than 5 years is not entitle to have this benefit.


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