Interest on nsc
This query is : Resolved
19 February 2016
Dear Sir,
Please tell whether Interest on NSC for the 5th year is allowable as deduction u/s. 80C for A.Y. 2015-16.
Thanks,
Abhishek Roy Choudhury.
Please tell whether Interest on NSC for the 5th year is allowable as deduction u/s. 80C for A.Y. 2015-16.
Thanks,
Abhishek Roy Choudhury.
19 February 2016
no Last year NSC-Interest is not Allowed u/s 80C , you are not making any reinvestment of Interest.
19 February 2016
Last year's interest is not allowed as deduction u/s 80C
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Income tax return change regime form necessary or not?
- EXEMPTION OF LONG TERM GAIN UNDER SECTION 54F
- Machinery taking back from repair work shop
- Resignation of auditor and appointment and cfss
- Refund of Rs.4,00,000/- pursuant to Appeal Order – Deceased Proprietor & Closed Bank Account
- Clarification on 15% Saudi Withholding Tax and Refund Eligibility
- TAX TREATMENT OF COMMODITY
- REGARDING TURNOVER LIMIT
- Processing delay
- Issuance of authorised capital by pvt ltd co
- Tax Audit Mandatory or Optional
- LLP audit under companies act
- Experienced CA recommendation from Kolkata for FNO return filing
- Interest Reporting in Form 168
- Sales of goods of amount Rs77 lakhs to a party
- Tax Demand of ₹4,650 for AY 2026-27
- Concept of Vendor and customner reconciliation
- Mistake in e-invoice identified after 24 hours
- EXPORT PAYMENT
- NRI ITR2 account in 2025-26.
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
