03 April 2015
https://www.caclubindia.com/experts/deduction-u-s-80c-nsc--151651.asp SIR PLZ SEE THE LINK .IN THIS LINK EXPERTS SAYS THAT FIRST HOLDER CAN TAKE DEDUCTION
03 April 2015
SIR REASON OF MY ASKING THIS QUESTION IS THAT I AM CALCULATION TDS ON SALARY U/S 192 FOR THE F.Y 2014-2015. AN EMPLOYEE TDS DEDUCT FROM SALARY IS 3450. BUT NOW HE SHOW ME HIS NSC AMOUNT 40000. BUT MY PROBLEM IS THAT HIS NSC IN JOINT NAME. IF I ADD HIS NSC IN HIS DEDUCTION UNDER 80C. THEN HE CAN SAVE HIS TDS AMOUNT 3450. BUT IF I WILL NOT ADD NSC AMOUNT IN 80C THEN I WILL DEDUCT TDS 3450. SO I AM ASKING AGAIN AND AGAIN THIS QUESTION.