NSC in name of Spouse/Children

Page no : 3

CA Shiv (Business Controller) (2987 Points)
Replied 23 March 2010

Ye as per circular i agreee.... and no question of clubbing is there...

so just claim the deduction... thanks Shuvro...

Richa (B.Com, CA Final Stdnt) (113 Points)
Replied 23 March 2010

Finally i would like to say, one can claim the deduction bt income on tht investment should be included in assessee's total income.....

m i right?????????? pls correct if it is wrong.

Vineet Vaish (Service) (222 Points)
Replied 23 March 2010

Thanks a lot to Suvro to solve my problem as I was getting more and more confusing answers.

regards'

Vineet k. vaish

(please comment on it if there is still any doubt to any body)

SHUVRO ( (WANT TO LEARN) ) (175 Points)
Replied 23 March 2010

hi richa

i think u r absolutely right.Since it is an income from investment from the funds of the assessee , it must be clubbed u/s 64 (1A).

Vineet Vaish (Service) (222 Points)
Replied 24 March 2010

Thanks to all to solve the matter with clearity specially to Richa & Shurvo.........

Regards'

Vineet k. vaish

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SHUVRO ( (WANT TO LEARN) ) (175 Points)
Replied 24 March 2010

its my pleasure vineet

Richa (B.Com, CA Final Stdnt) (113 Points)
Replied 25 March 2010

mention not Vineet,,,,,,,,i think its my duty as m a member of C.A. club.

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