20 June 2016
DEAR EXPERTS '
KINDLT TELL ME I HV INVESTED AMOUNT ON SIP IN 2008-09 & 2010-11 WHETHER I CAN TAKE DEDUCTION IN 80 C IN YEAR 2014-15 & 2016-17
20 June 2016
for deduction under section 80c, investment should be made in the previous year. in your case, since you have invested in ELSS in 2008-09/ 2010-11, you can not claim that investment in 2014-15/2016-17. Had you coninued and invested in SIP in these years, then only you can claim.
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