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NSC
by sangeeta rao on May 20, 2007 07:58 PM

To avail 80C deduction specifc amoun is invested in NSC. Accrued interest is taxed and deuction is further availed u/s 80C. Is the maturity amount(amount invested interest) taxfree or is to be taxed on maturity?

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All these incomes are tax-free