Menu
ELSS in current FY ITR Return
I have some ELSS MF in current FY year .Can I mention that in current FY ITR Return under 80C ?Or Will I have to mention them in ITR return of the redemption year ?
Replies (2)
If you had invest amount under elss scheme in current f.y, you can claim the amount under 80C as a deduction.
If it's fresh investment in ELSS during Current FY then surely it's available as deduction under 80C.
In the redemption year any profi or loss will be treated as LTCG from Equity Mutual Fund Scheme.
From next FY, if you continue with old tax regime that is current one then of course you will get ELSS investment deduction under 80C in future years too.
In the redemption year any profi or loss will be treated as LTCG from Equity Mutual Fund Scheme.
From next FY, if you continue with old tax regime that is current one then of course you will get ELSS investment deduction under 80C in future years too.
Recent Threads
- AGM WITH SHORTER NOTICE
- 15CA/15CB Bulk Filing Automation Tool – Need
- GSTR 9 FY 2023-24 LATE FEE
- Should we go under Section 59 of IBC or Section 27
- HUF'S ISSUE
- Gst interest and penalty doubts
- TDS RATE ON RENT FOR NRI
- NBFC costing
- Taxablity of GSLI under Income Tax
- Final new course clarification
Related Threads
CAclubindia
