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Deduction u/s 80c

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Querist : Anonymous

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Querist : Anonymous (Querist)
19 July 2014 CAN WE CLAIM DEDUCTION OF AMOUNT PAID UNDER SYSTEMATIC INVESTMENT PLAN (SIP) DURING F.Y UNDER SECTION 80C
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CMA. CS. Sanjay Gupta

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CMA. CS. Sanjay Gupta (Expert)
19 July 2014 Tax benefit under section 80C can be availed through SIP into ELSS. Only ELSS (Equity Linked Saving Scheme) is eligible for 80C deduction.

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