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Tax saving fd

csmandeep

Member
Feb 24, 2018
12
1
Hi

I have a query regarding acceptability of tax saving fd as Pof.

I have got a certificate from the stating the balance in my tax saving fd but it also mentions that the fd has a lock in period of 5 years.

Will this be acceptable as a Pof.

Please guide as I am about to file my ITA.

Thanks in advance.
 

mr.preetsingh

VIP Member
Oct 26, 2017
5,992
1,180
Canada
Category........
FSW
NOC Code......
2171
App. Filed.......
14-04-2018
Doc's Request.
NA
Nomination.....
NA
AOR Received.
14-04-2018
IELTS Request
NA
File Transfer...
NA
Med's Request
Upfront
Med's Done....
07-04-2018
Interview........
NA
Passport Req..
19-06-2018
VISA ISSUED...
25-06-2018
LANDED..........
06-09-2018
Hi

I have a query regarding acceptability of tax saving fd as Pof.

I have got a certificate from the stating the balance in my tax saving fd but it also mentions that the fd has a lock in period of 5 years.

Will this be acceptable as a Pof.

Please guide as I am about to file my ITA.

Thanks in advance.
No, you can not. The money should be readily available.
 

mr.preetsingh

VIP Member
Oct 26, 2017
5,992
1,180
Canada
Category........
FSW
NOC Code......
2171
App. Filed.......
14-04-2018
Doc's Request.
NA
Nomination.....
NA
AOR Received.
14-04-2018
IELTS Request
NA
File Transfer...
NA
Med's Request
Upfront
Med's Done....
07-04-2018
Interview........
NA
Passport Req..
19-06-2018
VISA ISSUED...
25-06-2018
LANDED..........
06-09-2018
But I can withdraw the money any time after paying the penalty amount
Then get a certificate from that institution mentioning you can withdraw X amount anytime required. Stamped and Signed.