NSC interest accrued

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NSC interest accrued & reinvested whether taxable or not.
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Taxable under 'IFOS'....... and also eligible for deduction u/s. 80C..

First, offer the accrued NSC Interest for the respective year as Income under the head "Income from Other Sources",

then, claim the deduction for the same amount under section 80C.

Hence, the amount of interest is exempted, but the disclosure is required in the ITR.

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