Exemption or deduction

This query is : Resolved 

25 January 2014 is investment in SIP is exempted or deductable

25 January 2014 Investment through SIP in tax saving mutual fund is eligible for deduction u/s 80C.

Further, when the units are transferred after 3 years, the capital gain will be exempt.

25 January 2014 Agree with expert

Thx


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