SIP deduction

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10 Points Joined May 2018
Are SiP eligible for deduction under 80C
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On 12 March 2019 at 11:14 Report
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Team Lead
7558 Points Joined November 2011
yes they are.
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On 12 March 2019 at 11:23
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CA & CMA
103 Points Joined February 2013

Hi. 

Yes, SIP eligible to deduction U/s 80C ( all items under 80C do not exceed 1.5 laks).

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On 12 March 2019 at 11:33
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soical work
222 Points Joined January 2012
Only investments in Equity Linked Savings Schemes (ELSSs) or tax saving mutual fund schemes qualify for a tax deduction under Section 80C.
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On 12 March 2019 at 11:34
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2 Points Joined March 2019
Yes, if such Sip are in ELSS scheme or they specift for provide deduction u/s 80c
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On 12 March 2019 at 11:37


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