Tax exemption

Mahesh Shaha (303 Points)

05 April 2018  

If my client invested amount in mutual fund on 29-03-2018 thru netbanking and on the same day amount debited in bank account but mutual fund House created the folio in next financial year i.e. on 02-04-18, can my client claim for income Tax exemption as amount debited in his bank in last Financial Year.