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27 March 2012
NSC deduction u/s 80 C

If NSC is taken in the name of spouse / Children of an assessee

shall it will be claimed deduction u/s 80 C



27 March 2012 NSC in the name of spouse /children will not qualify for deduction u/s 80C.

27 March 2012 Dear Author,you can invest NSC, PPF TOO.

agreed with expert......


27 March 2012 Dear,
Optionally, you can invest in the PPF in the name of spouse or Child and may get the same amount of return in form of interest.

Thanks
Mihir Doshi



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