do i have to add accrued interest of nsc to my income for tax calculatio?

Question

tax is being deducted from my salary.do i have to add accrued interest earned from nsc to my income as income from other sources ? can i get deduction for the same under 80 c ?

Answer 1

Accrued interest earned from nsc is to be added while computing total income as income from other sources.Since total accrued interest is reinvested, the same is also get deduction under 80c of Income tax .