Easy Office
LCI Learning

Can I Buy NSC by paying Cash?

This query is : Resolved 
Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
29 March 2010 Hello Sir,

Since there are only 2 days left for the FY to end, I want to know can I buy NSC certificates , by paying Cash. Will this qualify for deduction under 80C.

Also I haven't bought NSC before, so which is the best place to get NSC in Mumbai?
Profile Image

CMA. CS. Sanjay Gupta

Profile Image

CMA. CS. Sanjay Gupta (Expert)
29 March 2010 YES YOU CAN BUY NSC IN CASH. BEST PLACE ANY POST OFFICE.
Profile Image

CA Suresh Choudhary

Profile Image

CA Suresh Choudhary (Expert)
29 March 2010 Yes you can get the same from any of nearest post office by paying cash.
Upgrade to CAclubindia Pro. Subscribe Now!

Profile Image

Rasesh

Profile Image

Rasesh (Expert)
29 March 2010 Yes. U can buy NSC with cash
Profile Image

CA Shiv

Profile Image

CA Shiv (Expert)
29 March 2010 yes.. even u can have investment in SBi in tax saving scheme which are available for deduciton with cash.. from any branch you can have it... Up to any amount... Better is to take a single deposit below 50k...
Profile Image

CA Ravi Sisodia

Profile Image

CA Ravi Sisodia (Expert)
29 March 2010 yes, NSC will be purchase with cash.

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


CCI Pro
Live Budget News and Updates

Trending Online Classes

view all classess
Let's Talk Money: You've Worked Hard for It, Now Make It Work for You
Click here for more bestsellers


Answer Query



Quick Links