80c deductions

This query is : Resolved

Sai Karthik (Querist)
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29 May 2014 HIiiiii all,
every month from my client icici savings a/c an amount of 25000 is transferred to her icici direct trading a/c.

And my dought is shall i consider that transfers as investments in mutual funds?and take deduction u/s 80C?

Rupesh Jain

Rupesh Jain (Expert)
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29 May 2014 NO , pls check the mutul fund type, deduction u/s 80C are not allowed on every Mutul fund. if mutul fund eligible to deduction then you take deduction u/s 80C.

Guest

Guest (Expert)

29 May 2014 if that mf is allowed as deduction then only u can claim deduction dear.........

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