Deduction u/s 80C in respect on investment in mutual fund
This query is : Resolved
09 July 2008
What is the creteria and how do anyone come to know whether any investment in a mutual fund is allowed as deduction u/s 80C??
Where do I get a list of mutual funds which are allowed as deduction u/s 80C (if any)??
Where do I get a list of mutual funds which are allowed as deduction u/s 80C (if any)??
10 July 2008
Tax saver mutual funds are eligible for deduction u/s 80 C. For these mutual funds lock-in period is 3 Years. You can't withdraw or mature your MF within 3 Years.
Yatesh
Yatesh
10 July 2008
Tax saving mutual funds are usually known as Mutual Funds Under ELSS i.e Equity Linked Saving Schemes.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Tax on Deemed Capital Gain
- Type of Capital Gain
- Exiting partner in partnership firm in gst portal
- Traces submitting correction statement error
- Banking Related Issue
- TDS on rent received on hardship compensation being rent on redevelopment of building
- NRI INSURANCE ADVISOR
- Reporting in TDS return
- Can a single LLP in India legally operate multiple unrelated businesses (Travel, Cloud Kitchen, Ecom
- IT returns for fresh job holders
- CASH GIFT FROM BLOOD RELATIVE
- Account freezed for Ineligible ITC Scrutiny for GST Annual Return
- Rent claimed on building given on permissive possession basis
- TDS on property - Form 141 query
- Seeking Advice: High Tax Shortfall on Job Switch + Let-Out House Property Loss in FY 2025-26
- Housing Society-ITR5
- TDS on Rent received on redevelopment of building
- Indian IT Portal issue in computing tax as per UK-India DTAA
- Capital Gains on sale of residential flat
- Upload Level ValidationITR3Category of Defect B/D
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
