App. in the name of karta for sec.80C benefit .
This query is : Resolved
pankaj ajmera
(Querist)
18 March 2010
Postal authorities are not accepting app. in the name of HUF for inv. in
National Savings Certificate .
Can one make app. in the name of karta in NSC & claim deduction u/s 80C.?
Please advice
Pankaj Ajmera
National Savings Certificate .
Can one make app. in the name of karta in NSC & claim deduction u/s 80C.?
Please advice
Pankaj Ajmera
M Prabhakar Menon
(Expert)
18 March 2010
Pl go through the terms of issue of the NSC normally available with the postal authorities. There are varying conditions attached to different series of issues.
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