How to find out whether the investment made is Mutual fund is claimed under sec 80C. The investment in MF under ELSS can be claimed under 80c but how to find that the MF is under ELSS or not?
Shrividhya (CA Final Student) (74 Points)
04 July 2018How to find out whether the investment made is Mutual fund is claimed under sec 80C. The investment in MF under ELSS can be claimed under 80c but how to find that the MF is under ELSS or not?
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(172491 Points)
Replied 04 July 2018
All the fund house have 1 or 2 tax savings ELSS schemes, which qualify for 80C deductions.
The same is declared in scheme objectives and on its brouchers....
Generally name of the scheme include 'tax saver' or 'Tax Savings Scheme' etc... e.g.
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