NSC Interest Taxable or Not

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George (Chartered Accountant) (649 Points)
Replied 16 September 2010

Thanks.....


Dipti Achhra (Article Assitant) (493 Points)
Replied 27 May 2011

NSC Interest is taxable as the Income and the same is eligible for the deduction under section 80C.....................

PRASHANT DEOCHAKE (ASSISTANT MANAGER) (50 Points)
Replied 31 August 2011

Dear Experts,

If person is a Company Organisation & has investment in NSC then also reivestment interest benefit u/s 80-C can be availed or not?

Prashant



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