Investment in mutual fund (equity oriented fund)

This query is : Resolved 

23 November 2012 Does investment in mutual fund ie equity oriented fund like Reliance growth fund, HDFC TOP 200, DSP top 100 qualify for Tax Deductions u/s 80C....... I want to know whether this instrument qualify for 80C deduction other than ELSS scheme.......

Please Help

23 November 2012 Only investment in ELSS scheme is eligible for deduction u/s 80C.

24 November 2012 are u sure @ siddhartha

25 November 2012 Yes I am absolutely sure. These schemes are known as tax saving mutual funds.


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


CCI Pro
Meet our CAclubindia PRO Members


Follow us


Answer Query