Can a individual get deduction u/s 80C, if he purchased a NSC in the name of Spouse and Children?
Can a individual get deduction u/s 80C, if he purchased a NSC in the name of Spouse and Children?
Yes the policy can be in the name of spouse or children for availing deduction u/s 80C.
Hi
I would like to clarify that NSC should be in your name if you want to claim deduction u/s 80C.
YOGESH KAPOOR AND ASSOCIATES
New Delhi
B.Com
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CMNITY HIRE
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