CA Day celebration 2024 Easy Office
LCI Learning

Tax Treatment on Maturity of Investment in ELSS

This query is : Resolved 
Profile Image

Profile Image

(Querist)
11 December 2009 I want to know the tax treatment of maturity proceeds on Investment in Equity Linked Saving Scheme eligible for deduction u/s 80C
Profile Image

CA. Bikash Bogi

Profile Image

CA. Bikash Bogi (Expert)
11 December 2009 It may taxed in capital gain head subject to maturity period and concerned scheme.
Profile Image

Rasesh

Profile Image

Rasesh (Expert)
12 December 2009 The amount being long term capital gain is tax free.
Upgrade to CAclubindia Pro. Subscribe Now!


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


CA Day celebration 2024 with Tally CCI Pro

Trending Online Classes

view all classess
Let's Talk Money: You've Worked Hard for It, Now Make It Work for You
Click here for more bestsellers


Answer Query



Quick Links