25 June 2009
Hi Aman, You can take the benefit of interest accrued on NSC during the year only u/s. 80C. You can not claim the benefit of interest accrued during the last 5 years. If you have purchased the NSC during the year then you can claim the same u/s. 80C.
25 June 2009
MY QUESTION WAS AFTER A PERIOD OF 5 YRS THE INTEREST ACCRUED FOR THE 6TH YEAR IS ALSO EXEMPT U/S 80C ALONG WITH THE PRINCIPAL DEPOSITED DURING THE YEAR?
CAclubindia
