80c deductions


This query is : Resolved 

07 April 2014 Sir,

Can you please clarify me, is it investments in mutual funds(SIP) as claimed deduction u/s 80c...if yes then how much? one of my friend interested in mutual funds and wand to invest in every year? please suggest me..

07 April 2014 no deduction u/s 80c is avaialble for investments in mutual fund.

07 April 2014 thank you for your kind reply

07 April 2014 you are welcome nagarjuna............

07 April 2014 Tushar are you sure? please refer section 80C(2)(xi)/(xiii)

Dear Nagaraju,

deduction is available under secion 80c.



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