NSC
This query is : Resolved
18 December 2009
Respected Sir, I want to know that if a person purchase NSC. how many year he can take benefit from their purchasing NSC.
18 December 2009
For the amount initially invested u can avail exemption in the year of investment only. For the interest accruing u can avail exemption for all the years except for the year of maturity.
18 December 2009
Agree. NSC is one time Investment so you will be get benefit of 80C for next year you have to invest another NSC.
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