The customers' by openig and investingin the Tax SaverDeposit Account Scheme in a Bank would getbenefit under.

The customers' by openig and investingin the Tax SaverDeposit Account

1.	The customers' by openig and investingin the Tax SaverDeposit Account Scheme in a Bank would getbenefit under.
Answer» Sales Tax Customs DUTY Excise Duty INCOME Tax Solution :In the Finance ACT 2006, Section 80C of IncomeTax Act 1961 wasamended to include DEPOSITS placed with a scheduled bankto qualityfordedcution under80C.The amountof investmentup to1,50,000 under thenotifieddepositescheme will beeligible for deductionunder Sections 80CofIncomeTax Act for individuals/ Hindu Undivided Families.