NSC/Income Tax Calculation query

[amartlk]

hi

After calculating income 35000 is left on which I have to paid tax so I have decided to purchase NSC of 35000, my question is that if I purchase this 35000 nsc then this 35000 amount is deducted from 35000 amout which is left after calculating income as shown in first line so that my tax is zero and after next how can I get tax benefit of NSC

Pls reply as soon as possible as i have to purchase NSC

Thanks,
Amar

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