Regarding NSC

This query is : Resolved 

21 September 2009 What is the Tax treatment of interest of national saving certificates with section ?

21 September 2009 Interest On NSC is First is to added in the Income Under Head Other Sources and then after it is allowed as deduction Under Section 80C of Income Tax Act, 1961 And Remember the cealing limit is Rs 1,00,000 Under Section 80CCE (80C+80CCC+80CCD)

21 September 2009 Agree




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

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries