I am of the opinion that interest accrued on NSCs purchased during earlier years till maturity is to be treated as "Income from other source" and likewise the said amount should also be treated as fresh amount reinvested in NSC during the respective financial year under the new Section 88C now introduced. In other words the accrued interest on NSC should also be treated as investment U/S 88C with a over all limit of Rs.1.00 lac, besides treating the same as "Income from other source". Please clarify
