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80c deduction
I Applied for NSC via chq dt 20th March 2016 for Rs. 150000. The Cheque was cleared from my account on 30th March 2016. But the NSC was issued to me Dt. 02/04/2016. Will I be able to claim deduction u/s 80c for FY 2015-16. What is the remedy for the above delay for Post Office
Replies (2)
You can avail deduction in Fy 2015-16
as you have paid in same FY i.e 2015-16
The Rates of NSC have also been changed from 1st April 2016
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