Suppose if i invest in Mutual Fund - Dividend Reinvest plan to save Tax, can i claim as investment the dividend declared by MF and reinvested.
Menu
Investment u/s80c
Replies (1)
YES U CAN CLAIM DEDUCTION U/S 80C.
AS SUCH U CAN INVEST IN SECURITIES QUOTED IN SEC 80C EVEN THROUGH INCOME NOT CHARGEABLE TO TAX.
IT MEANS SOURCING OF INCOME INVESTED IN 80C CAN BE EXEMPT INCOME.
Recent Threads
- Refund due to change in GST Rate Tobacco Products
- Lease related query can we rent out lease ?
- Planning of Ceased a Business i.e Closure of Compa
- Property value in 26QB
- Form 26QB Multiple Buyer/Multiple seller
- Company Formation for clothing business
- TDS on purchase 194Q
- Compensation for urban land acquisition
- Understanding section 269st
- CASH AS GIFT OR FD AS GIFT
Related Threads
CAclubindia
