EXEMPTION
This query is : Resolved
Guest
Guest
(Querist)
01 October 2009
WE KNOW FOR NSC INT.WE GET DEDUCTION U/S 80C . MY QUES. IS-
IS WE REQUIRE TO SHOW FIRST THIS INTERSEST IN IOS AS INCOME OR WE CAN AVAIL DIRECTLY DEDUCTION ?
IS WE REQUIRE TO SHOW FIRST THIS INTERSEST IN IOS AS INCOME OR WE CAN AVAIL DIRECTLY DEDUCTION ?
02 October 2009
First it has to be taken as income under IFOS , then deduction can be claimed u/s 80C
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02 October 2009
Continuing Mr.Rajeev, interest for the year of maturity should be offered as income,as done in earlier years, for which no deduction is permitted u/s 80C.
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Ankur Garg
(Expert)
02 October 2009
Agree
02 October 2009
Yes I do agree with experts
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