80 C exemption

is investment in National Saving Certificate eligible for exemption under section 80 C.
Replies (7)
Quick Summary
Yes, investments in National Savings Certificates (NSC) are eligible for tax exemption under Section 80C of the Income Tax Act. You can claim deductions for your NSC investments, up to a maximum limit of Rs. 1.5 lakh per financial year. This limit applies to all deductions claimed under Section 80C, so ensure your total eligible investments do not exceed this amount.

You can invest for up to Rs.1.5 lakh to claim the benefits of 80C deductions.
Thank you for the clarification sir.
Yes my is exempt as per 80 c
Thank you.
Yes

You can invest

Deduction is allowed under section 80C
Thank you

Investment in NSC is eligible for deduction under section 80 C.

But the maximum limit Rs.150000/- is allowed u/s 80C. If you do not claim other deduction u/s section 80C than you can claim deduction on NSC Rs.150000/-.

If you claim other deduction also then you have to maintain maximum limit Rs.150000 u/s 80c.

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