https://www.taxtmi.com/caselaws?id=61427 The appellate tribunal overturned the addition of Rs. 5,000 on account of National Savings Certificate (NSC) investment in the name of the assessee's daughter, citing sufficient withdrawals for household expenses. The tribunal emphasized the entitlement to relief under section 80C for NSC purchases if claimed, leading to a partial allowance of the appeal. en-us Wed, 17 May 1989 00:00:00 +0530 Wed, 12 Jan 2011 15:56:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=61427 The appellate tribunal overturned the addition of Rs. 5,000 on account of National Savings Certificate (NSC) investment in the name of the assessee's daughter, citing sufficient withdrawals for household expenses. The tribunal emphasized the entitlement to relief under section 80C for NSC purchases if claimed, leading to a partial allowance of the appeal. Case-Laws Income Tax Wed, 17 May 1989 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=61427