ELSS investment eligible for benefit u/s 80c for huf?

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2 Points Posted on 28 January 2020
is ELSS investment eligible for benefit u/s 80c for huf?
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On 28 January 2020 at 11:38 Report
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Yes, investments in ELSS (Equity Linked Savings Scheme) are eligible for tax deductions under Section 80C for HUFs (Hindu Undivided Families). This deduction is subject to the overall limit of Rs. 1,50,000/- applicable under Section 80C.

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C.A FINAL STUDENT AND QUALIFIED C.M.A
563 Points Posted on 28 January 2020

Yes E L S S subscripttion is also eligible for deduction U/s 80C to H.U.F also

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On 28 January 2020 at 12:03
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17269 Points Posted on 28 January 2020
Eligible under 80C subject to an overall ceiling limit of 150000/-
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On 28 January 2020 at 12:12

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