NSC Interest & 80TTB
This query is : Resolved
Quick Summary
Mahabir Prasad Agarwal
(Querist)
02 December 2021
NSC interest is allowed as deduction U/S.80C . Whether it is also allowed as deduction U/S.80TTB ?
Dhirajlal Rambhia
(Expert)
02 December 2021
Yes. Interest earned on NSC can be claimed as deduction u/s 80TTB.
Mahabir Prasad Agarwal
(Querist)
02 December 2021
It means I can claim double deduction for NSC interest u/s 80C & u/s 80TTB
Dhirajlal Rambhia
(Expert)
02 December 2021
Yes. Allowed...
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