https://www.taxtmi.com/forum/issue?id=1140 Interest income on a Post Office Term Deposit is not exempt and remains taxable. The deposit may qualify for a deduction under section 80C of the Income Tax Act only if it is the specified five year time deposit and is claimed as an investment for deduction from gross total income. en-us Sat, 02 May 2009 15:20:38 +0530 Thu, 23 Jan 2025 15:58:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=1140 Interest income on a Post Office Term Deposit is not exempt and remains taxable. The deposit may qualify for a deduction under section 80C of the Income Tax Act only if it is the specified five year time deposit and is claimed as an investment for deduction from gross total income. Discussion-Forum Income Tax Sat, 02 May 2009 15:20:38 +0530 https://www.taxtmi.com/forum/issue?id=1140