an individual assessee purchase reliance mutual fund for rs. 1132*12 can he claim deduction u/s 80c
2 Replies
Amir
(Learner)
(4016 Points)
Replied 23 February 2010
Dear Shushant,
If mutual fund is one which is eligibe u/s 80 C then YES deduction will be allowed.
Like Tax Saver Fund,
Infrastructure Fund
Generally it is written on the Account statement of the Fund Otherwise check the website brother.............
C.Balaji
(Learner)
(1867 Points)
Replied 23 February 2010
Dear Shushant..........
Normally , Investment in mutual fund - deduction u/s 80 C will be allowed....
but it will be mentioned in the Account Statement provided to you....
you can verify from them.........
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