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NSC Interest & 80TTB

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(Querist)
02 December 2021 NSC interest is allowed as deduction U/S.80C . Whether it is also allowed as deduction U/S.80TTB ?
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Dhirajlal Rambhia

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Dhirajlal Rambhia (Expert)
02 December 2021 Yes. Interest earned on NSC can be claimed as deduction u/s 80TTB.
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Mahabir Prasad Agarwal

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Mahabir Prasad Agarwal (Querist)
02 December 2021 It means I can claim double deduction for NSC interest u/s 80C & u/s 80TTB



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Dhirajlal Rambhia

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Dhirajlal Rambhia (Expert)
02 December 2021 Yes. Allowed...

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