Mutual funds deduction
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
27 August 2012
Dear Sir/Madam
Please tell me whether investment made in mutual funds qualify for deduction u/s 80c?
if yes then whether all the investments made are allowed as deduction or there is specific criteria for deduction
Please tell me whether investment made in mutual funds qualify for deduction u/s 80c?
if yes then whether all the investments made are allowed as deduction or there is specific criteria for deduction
28 August 2012
Only investment in ELSS is eligible for deduction u/s 80C.
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