NSC CALCULATION
This query is : Resolved
07 December 2008
HI SUBHA RAO,
THANKS FOR YOUR REPLY. MY DR FRIEND IS A MALE INDIVIDUAL TAX PAYER AND HE ALREADY PURCHASED 1 LAKH RUPEES NSC.
PLS ADVISE ME HOW MUCH NSC DID HE REQUIRE TO COVER HIS TAX AMT.
AWAITING FOR YOUR REPLY SOON.
THANKS FOR YOUR REPLY. MY DR FRIEND IS A MALE INDIVIDUAL TAX PAYER AND HE ALREADY PURCHASED 1 LAKH RUPEES NSC.
PLS ADVISE ME HOW MUCH NSC DID HE REQUIRE TO COVER HIS TAX AMT.
AWAITING FOR YOUR REPLY SOON.
sudarshan kumar
(Expert)
07 December 2008
under section 80c the maximum deduction is allowed upto Rs.100000/- only for all the eligible investments and savings. as yr friend has already purchased NSC of Rs. 100000/- no further investment is required pl
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