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EXEMPTION

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Guest

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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 ?
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Rajeev

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Rajeev (Expert)
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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Bhaskaran Chackrapani Warrier

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Bhaskaran Chackrapani Warrier (Expert)
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

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Ankur Garg (Expert)
02 October 2009 Agree
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CA Shailesh +91 9393926464

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CA Shailesh +91 9393926464 (Expert)
02 October 2009 Yes I do agree with experts
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