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Itr

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(Querist)
03 August 2014 I had purchased nsc on 15.06.2013. so how nsc and interest from the same will treated in itr??
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CA Devanand Jethanandani

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CA Devanand Jethanandani (Expert)
03 August 2014 Dear Friend,

Amount invested in NSC is allowed deduction u/s. 80C.

Interest is taxable and the same will be allowed as deduction u/s. 80C.


Thanks,
Devanand
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Rupesh Jain

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Rupesh Jain (Expert)
04 August 2014 in F y 2013-14 you can claim the intt. and investment u/s 80C. and intt show as income from other sources.
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CS,CA F,Numrologi TusharSampat

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CS,CA F,Numrologi TusharSampat (Expert)
04 August 2014 agreed with above replies.......
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