mutual fund

an individual assessee purchase reliance mutual fund for rs. 1132*12 can he claim deduction u/s 80c

Replies (2)

Dear Shushant,

If mutual fund is one which is eligibe u/s 80 C then YES deduction will be allowed.

Like Tax Saver Fund,

Infrastructure Fund

Generally it is written on the Account statement of the Fund Otherwise check the website brother.............

Dear Shushant..........

Normally , Investment in mutual fund -   deduction u/s 80 C  will be allowed....

but it will be mentioned in the Account Statement provided to you....

you can verify from them.........

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