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Tax benefit U/s 80C

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Querist : Anonymous

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Querist : Anonymous (Querist)
05 May 2011 An employee has purchased NSC out of her Income in joint name of herself & mother in law. She is the 1st holder of NSC. Whether she shuold get 100% tax benefit or not?
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CA SAURABH GARG

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CA SAURABH GARG (Expert)
06 May 2011 yes offcours if she pay outof her money.

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