Is Accrued Interest on NSC covered unser sec 80C
Interest on NSC
Pradip Shaw & Co (Practice) (227 Points)
10 August 2011
2 Replies
Mihir
(Wealth Manager)
(5293 Points)
Replied 10 August 2011
Interest accrued on NSC is deemed to be reinvested and shall also qualify for deduction u/s 80C.
CA Himanshu Khurana
(Chartered Accountant)
(813 Points)
Replied 10 August 2011
| Originally posted by : Mihir | ||
 |
Interest accrued on NSC is deemed to be reinvested and shall also qualify for deduction u/s 80C. |
 |
agree with mihir
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