Section 80C
This query is : Resolved
11 December 2008
Whether the amount deposited under Mutual Fund SIP (Systematic Investment Plan)are covered under Sec 80C.
11 December 2008
All mutual funds are not covered by sec 80c. you can also invest in SIP and enjoy the benefits of 80c. You have consult the concerned agent or bank in this behalf.
Remember mutual funds covered by 80c shuld have a lock in period of minimum 3 years. and it is mentioned on the MF that they are covered by 80c or not.
Remember mutual funds covered by 80c shuld have a lock in period of minimum 3 years. and it is mentioned on the MF that they are covered by 80c or not.
11 December 2008
only ELSS are covered by sec 80C
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
- House Property Reporting in ITR
- Refund Annexure-B
- TDS Claim year
- Liable to deduct tds and 44ADA
- Refund of 20%pre-deposit paid for stay application
- Nomination of Bank for refund in itr 2
- Section 56(2) of the Income tax Act 1961 , Gift to relative .
- TDS Challan Code
- Payment to foreign customer
- ASISSE return under the provisions of the Collection of Statistics Act, 2008 (7 of 2009)
- REGARDING SECTION 44AE
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
- Annexure B utility for GST Refund
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
- Restoration of certificate of practice
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
