Deduction under 80C
This query is : Resolved
23 July 2008
Section 80C allows deduction for subscription in National Saving Certificates VIII issue and National Saving schemes 1992........I am not able to understand whatz d diff. between the two..NSC is a Post office saving schmes and same is the case with National Saving Schmes.
Plz tell me how they are related and if National Saving Schemes includes NSC then why in 80C they are seperately given.
Plz tell me how they are related and if National Saving Schemes includes NSC then why in 80C they are seperately given.
23 July 2008
These are two different Investment schemes and both of these are elegible for deduction u/s 80C.
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