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Query with NSC interest reinvestment

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(Querist)
08 March 2009 Is there any section, which is indicating that, it is required to calculate interest on NSC after reinvesting the interest amount in to base amount?

What will be implication of NSC reinvested amount? can i claim that as U/s80C deduction?
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K V Subba Rao

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K V Subba Rao (Expert)
08 March 2009
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Bhaskaran Chackrapani Warrier

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Bhaskaran Chackrapani Warrier (Expert)
08 March 2009 Pl see the write up in http://www.taxworry.com/2006/10/some-one-asked-on-yahoo-answer-replied.html
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Bhaskaran Chackrapani Warrier

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Bhaskaran Chackrapani Warrier (Expert)
08 March 2009 Interest can be claimed u/s 80 C. Pl see the opinion in http://www.blonnet.com/iw/2005/10/23/stories/2005102301561300.htm

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