In whitch F. year I get deduction in tax

I switched from union bank mid cap growth fund to union bank long eguity fund on 26/03/2021 and it was accepted on same day but it is processed on 05/04/2021. In whitch F. Year I claim for deduction.
Replies (3)
Quick Summary
This discussion clarifies the financial year in which tax deductions can be claimed following a fund switch. The user switched from Union Bank Mid Cap Growth Fund to Union Bank Long Equity Fund on 26/03/2021, with the transaction accepted the same day but processed on 05/04/2021. The consensus is that the deduction can be claimed for FY 20-21 because the switch was accepted before the financial year ended.

You can claim in FY 20-21
FY.20-21
As it was accepted on 26.3.21 it can be claimed for deduction for fy 20-21

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
23 October 2026
Sr. Accountant

SANKARAN & KRISHNAN

New Delhi

B.Com

View Details
Company
ARTICLESHIP 17 October 2026
Articled Assistant

RRPM & Associates LLP

Chennai

CA Inter

View Details
Company
14 October 2026
GST & TDS ASSISTANT

AGGARWAL SANJAY & ASSOCIATES

New Delhi

B.Com

View Details
Company
19 October 2026
Accountants/Articles (Freshers/Experienced)

ADY & CO.

New Delhi

Graduate (Any)

View Details
Company
Featured 27 October 2026
semi-qualified CA

Saini Pati Shah & Co LLP, Chartered Accountants

Mumbai

CA Final

View Details
Company
12 October 2026
AUDIT , ACCOUNTS AND TAXATION

KDSS

New Delhi

B.Com

View Details
Company
Featured ARTICLESHIP 28 October 2026
CA- Inter and Articles

N N V Satish & Co.,

Hyderabad

CA Inter

View Details
Company
28 October 2026
Assistant Director/ Associate Director-Finance & Accounting

Krea University

Chennai

CA

View Details