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In which deduction sec mutual fund is to be treated?
In the deduction of 80c mutual fund is to be treated or not? in place of mutual fund I treated as LIC , is it revised ? or not?
Replies (3)
ELSS category of Mutual funds are eligible for 80C deduction.
Premium paid to LIC insurance policy is also eligible for deduction provided the premium paid is upto 1/10th of Assured Value.
Explain ELSS category of mutual fund plz
Agree with djiraj ji
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