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Exemption or deduction

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(Querist)
25 January 2014 is investment in SIP is exempted or deductable
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CA Siddhartha Bhardwaj

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CA Siddhartha Bhardwaj (Expert)
25 January 2014 Investment through SIP in tax saving mutual fund is eligible for deduction u/s 80C.

Further, when the units are transferred after 3 years, the capital gain will be exempt.
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@VaibhavJ

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@VaibhavJ (Expert)
25 January 2014 Agree with expert

Thx
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