2006-11-03 05:31:20 · 5 answers · asked by KB 1 in Business & Finance ➔ Taxes ➔ India
No you cannot claim the NSC amount for the year 2006-07. But for the year 2006-07, you can claim the accrued interest amount as 80C.
2006-11-04 03:01:05 · answer #1 · answered by Anonymous · 5⤊ 0⤋
Since NSC is purchased on 20/3/2006 , the deduction can be claimed for return pertaining to the FY in which it was purchased. That is For FY 2005-06 and Asst Year is 2006-07.
2006-11-04 00:03:21 · answer #2 · answered by q4tax 3 · 0⤊ 0⤋
As per the provisions of Income tax act the deduction can be availed only in the income of financial year in which NSC has been purchased.Refer to provisions of Income Tax Act in www.allindiantaxes.com ,
However, if you have not availed the benefit ; you can file revised return and can claim benefit and refund
2006-11-04 09:03:41 · answer #3 · answered by Anonymous · 0⤊ 0⤋
sorry to say no. you cant
2006-11-04 00:30:36 · answer #4 · answered by Subhrangshu m 3 · 0⤊ 0⤋
NO.
2006-11-04 13:35:58 · answer #5 · answered by NirmalJain 2 · 0⤊ 0⤋