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NSC

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(Querist)
05 March 2009 Dear all,

If an assesse have NSC certificate, which he taken his wife name whether he can eligible to claim u/s 80C ?
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sheena Teckchandani

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sheena Teckchandani (Expert)
05 March 2009 No.NSC taken in the name of spouse and child is not eligible for deduction u/s 80C. If it is taken jointly, either as first holder or second, then deduction can be claimed.

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