Section 80TTB on NSC Interest

Can we claim deduction u/s 80TTB on NSC Interest ?
Replies (5)
Quick Summary
This discussion clarifies whether interest earned on National Savings Certificates (NSCs) can be claimed as a deduction under Section 80TTB of the Income Tax Act. While some users initially suggest claiming accrued interest under 'Income from other sources' and potentially using Section 80C for reinvested interest (except the final year), the consensus is that Section 80TTB is not applicable for NSC interest. The thread also touches upon other post office deposits like MIS, TD, and KVP in relation to 80TTB.

You have to declare the accrued interest on NSC under Income from other sources and on deduction side u can claim reinvested accrued interest for all the years except last year u/s 80C and ultimately your interest on NSC becomes tax free.
Thank you sir for reply , But I can claim under 80TTB not 80C deduction. Because 80TTB is over and above of 80C 1.5 Lakhs deduction.
No Sir You Can't Clam Under Section 80ttb sir....
Nope.. you can't claim u/s 80TTB.
Does the following post office deposit qualify for 80 ttb, namely NSC, MIS, TD, KVP,

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