Deduction of sip investment
This query is : Resolved
09 October 2015
Whether Investment in SIP is Tax Deductible and under which section ?
09 October 2015
SIP is same as investing in MF but on a periodical basis. Certain MF are tax deductible they are called ELSS if SIP is in a MF where there is tax deduction then you can deduct.
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