Deduction in 80c of interest of nsc

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Querist : Anonymous

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Querist : Anonymous (Querist)
18 March 2015 GOOD AFTERNOON SIR,
CAN WE DEDUCTION OF ACCRUED INTEREST OF N.S.C IN 80C.

18 March 2015 only principle amount of nsc is allowed as deduction u/s 80C

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Querist : Anonymous

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Querist : Anonymous (Querist)
18 March 2015 CAN WE DO THIS
INTEREST OF NSC ADD IN INCOME FROM OTHER SOURCES AND AFTER THAT WILL GET DEDUCTION 80C

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Querist : Anonymous

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Querist : Anonymous (Querist)
18 March 2015 CAN WE DO THIS
INTEREST OF NSC ADD IN INCOME FROM OTHER SOURCES AND AFTER THAT WILL GET DEDUCTION 80C

18 March 2015 it will added as income from other sources but no deduction for int is available u/s 80C

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Querist : Anonymous

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Querist : Anonymous (Querist)
18 March 2015 are you sure sir,
sorry sir i am asking you because some experts that interest from nsc then get deduction in 80c.
some experts told that interest income will add in your income from other sources. then get deduction in 80c.

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Querist : Anonymous

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Querist : Anonymous (Querist)
18 March 2015 sir reply sir please

18 March 2015 http://www.charteredclub.com/national-savings-certificate/

you can check this article clearly saying that int on nsc is taxable income.

18 March 2015 you can claim its deduction u/s 80 c

18 March 2015 inculdes in income from other sources...

and deduction as u/s 80 c


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