Nsc 8th issue


This query is : Resolved 

10 August 2013 THE NSC 8TH PURCHASE ON 28/03/2013 OF RUPEES 40000. THE INTEREST ON NSC WILL DEDUCTED FROM TOTAL INCOME UNDER ASSESMENT YEAR 2013-14 ?

10 August 2013 No. NSC Interest to be taken on the basis of completed year. Show interest in the next year's return for the 1st year.
.

12 August 2013 40000 rupees will be deducted from TOTAL INCOME under the section 80-C.


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