Itr


This query is : Resolved 

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

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

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.

04 August 2014 agreed with above replies.......


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now



Similar Resolved Queries


loading


Unanswered Queries



CCI Pro



Answer Query



Company
26 September 2026
Chartered Accountant

pushpganga ventures

Pune

CA

View Details
Company
14 October 2026
GST & TDS ASSISTANT

AGGARWAL SANJAY & ASSOCIATES

New Delhi

B.Com

View Details
Company
ARTICLESHIP 08 October 2026
ARTICLE TRAINEE

S.B.G. & CO. CHARTERED ACCOUNTANTS

New Delhi

CA Inter

View Details
Company
20 September 2026
Semi Qualified CA

Navin & Associates

Mumbai

CA Inter

View Details
Company
10 October 2026
Accounts Associate Level 1

Abic and Mani Chartered Accountants

Kottayam

B.Com

View Details
Company
05 October 2026
Senior Accountant

Vision IT Peripherals Pvt Ltd

Mumbai

B.Com

View Details
Company
22 September 2026
Account Assistant

Chirag P Shah & Co. Chartered Accountant

Pune

B.Com

View Details
Company
06 October 2026
Assistant Manager - Audit and Compliance

Ravi K Jain & Co

Noida

Others

View Details