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    <title>INCOME-TAX DEDUCTION</title>
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    <description>Investments by individuals and Hindu undivided families in the Five Year Post Office Time Deposit Account and the Senior Citizens Savings Scheme are eligible for deduction under Section 80C, subject to the overall deduction ceiling of one lakh; investments on or after the start of the financial year 2007-08 and subsequent years qualify, and Drawing and Disbursing Officers may consider such investments when determining employees&#039; TDS liability.</description>
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      <description>Investments by individuals and Hindu undivided families in the Five Year Post Office Time Deposit Account and the Senior Citizens Savings Scheme are eligible for deduction under Section 80C, subject to the overall deduction ceiling of one lakh; investments on or after the start of the financial year 2007-08 and subsequent years qualify, and Drawing and Disbursing Officers may consider such investments when determining employees&#039; TDS liability.</description>
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