NSC interest is first included in computing income under the head "Income from other sources" and then deduction of same is allowed under Sec 80C, as it is deemed as reinvested except for last year (6th year).
NSC interest is first included in computing income under the head "Income from other sources" and then deduction of same is allowed under Sec 80C, as it is deemed as reinvested except for last year (6th year).
Amit
Pls follow Rules/Guidelines @ PolicyWala
“The happiest people are not those who live on their own terms…but are those who change their terms for the ones whom they love”
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