banner_ad

Can we get Tax exemption in investing in MUtual Fund ?

others 641 views 1 replies

I want to ask you that can we get exemption on the amount we invest in Mutual fund.

I know that income we earned is exempt under section 10(34). But can we get exemption on the amount which we have invested in a particular year ?

Replies (1)
yes we can get exemption only if we invest in ELSS schemes of Mutual funds for example Birla sun life tax relief 96 fund. in these type of funds lock in period of 3yrs is there.


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
Featured 29 April 2026
Manager- Finance and Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 02 May 2026
Senior Executive

hitesh chandwani & co

Pune

B.Com

View Details
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details