Investment in sip is exempt or not

This query is : Resolved 

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
27 June 2013 Will you tell me that Under SIP Investment is exempt or not.

Profile Image

Guest

Profile Image

Guest (Expert)
27 June 2013 What do you mean by exemption?

The sip amount qualifies for deduction.

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
28 June 2013 I mean that whether amount invested under SIP is taxable or not. If i redeemed amount under SIP after two years.

Profile Image

Guest

Profile Image

Guest (Expert)
28 June 2013 Normally amount of mutual funds is exempted after redemption


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
add to google news



Answer Query



Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 14 March 2026
Associate CA

N N V Satish&co

Hyderabad

CA

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 19 March 2026
Article Assistant

Gupta Sachdeva & Co. Chartered Accountants

New Delhi

CA Final

View Details
Company
Featured 14 March 2026
Article Trainee

N N V Satish&co

Hyderabad

CA Inter

View Details