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Income from Systematic investment plan

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(Querist)
01 July 2008 Is investment in SIP deductible fron income. Whats the treatment for investment and income arising from it?
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CA Siddhartha Bhardwaj

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CA Siddhartha Bhardwaj (Expert)
31 March 2012 If the investment is made in an ELSS scheme, then the same is eligible for deduction,otherwise not.

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