deduction u/s 80 C
This query is : Resolved
30 November 2009
Are the investment in P.O.R.D. A/c is deductable u/s 80C & interest of P.O.R.D. A/c is tax free.
30 November 2009
Sorry
Investment in POMIS does NOT qualify for Deduction u/s 80-C
Interest earned on investment in POMIS is NOT exempt from tax
Investment in POMIS does NOT qualify for Deduction u/s 80-C
Interest earned on investment in POMIS is NOT exempt from tax
30 November 2009
yes it is taxable under income from other sources. NSC is Qualify for claimming u/s 80C
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