I am doing SIP every month of Rs 2000/- ICICI Value Discovery Fund Mutual Fund, so I have 1 query
Shall I show the amount paid for SIP in my ITR?
if Yes then under which section i have to show the SIP Investment amount?
4 Replies
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(177713 Points)
Replied 05 February 2022
No need to disclose the investment in ITR, unless you have to declare Balance sheet with capital account.
Eswar Reddy S
(CFO- at NHTF)
(58270 Points)
Replied 05 February 2022
If it is tax saving instrument then you may show under section 80C ELSS
Eswar Reddy S
(CFO- at NHTF)
(58270 Points)
Replied 05 February 2022
You may show in assets if ITR-2 is applicable
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