Home Case Index All Cases Income Tax Income Tax + HC Income Tax - 2009 (8) TMI HC This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2009 (8) TMI 99 - HC - Income TaxAssessee had made an investment in National Savings Scheme - His claim for deduction under sections 80CCA and 80CCB on the above investment was rejected by the Assessing Officer, on the ground that the investment had not come out of income chargeable to tax - held that investment in National Savings Certificates, etc. for claiming deduction under section 80C of the Act, need not be from the income earned up to that period, it would be sufficient if the total income of the assessee for that year covers the investment
|