Nsc interest adjustment
This query is : Resolved
03 April 2013
Mrs. Geeta has received pension Rs.611000/-pa and she has invest Rs.100000/-(one lac) in NSC.How can i calculate accrued interest ? is this interest is taxable yes/no .this amount is deductible U/s 80c & other detail given ?
17 July 2013
NSC interest is taxable under Income from other sources, how ever the same can be claimed under sec.80C. except the maturity intetest
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