80 C exemption
Suresh G S (43 Points)
04 December 2020
is investment in National Saving Certificate eligible for exemption under section 80 C.
7 Replies
ATUL Y
(574 Points)
Replied 04 December 2020
You can invest for up to Rs.1.5 lakh to claim the benefits of 80C deductions.
JATINDER KUMAR
(Accountant)
(3662 Points)
Replied 06 December 2020
Yes
You can invest
Deduction is allowed under section 80C
You can invest
Deduction is allowed under section 80C
Finwealthcare
(Financial Consultant)
(164 Points)
Replied 27 December 2020
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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