Whether Post office savings - 1 year Term Deposit is eligible for deduction u/s 80C for Senior citizen employee

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....hether Post office savings - 1 year Term Deposit is eligible for deduction u/s 80C for Senior citizen employee<br> Query (Issue) Started By: - Mahendra L Dated:- 19-2-2016 Last Reply Date:- 24-2-2016 ....

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....Income Tax<br>Got 3 Replies<br>Income Tax<br>Whether Post office savings - 1 year Term Deposit of &#8377; 1,50,000/- is eligible for deduction u/s 80C for Senior citizen employee? Please clarifiy as ....

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....per the latest provision of Income Tax Act. Reply By Ganeshan Kalyani: The Reply: Deduction will eligible for post office savings scheme it the deposit is for 5years and above. Reply By KASTURI SETHI....

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....: The Reply: Yes I agree with Sh.Ganeshan Kalyani Sir. Reply By Mahendra L: The Reply: Thank you Sir., Have a nice day.,<br> Discussion Forum - Knowledge Sharing ....