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deductions

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(Querist)
22 November 2008 reinvestment of interest earned through NSE Certificate is claimable deductions r not ..... reply me ....
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CA.ViVeK M ACA

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CA.ViVeK M ACA (Expert)
22 November 2008 Re investment again in NSc can be claimable or other tax free investment cna be claimed
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dhaval

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dhaval (Expert)
22 November 2008 yes it is very well allowed as a deduction since interst income will be taken as a income from other source and invest in NSC will be allowed as a deduction. it is like income invested in NSC
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S.Mohan raj

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S.Mohan raj (Querist)
04 December 2008 thank you
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