Evidence of investment: unit trusts and mutual funds must acknowledge investments by certificate or statement of account. An assessee's investment in any plan must be acknowledged by the Unit Trust or Mutual Fund by issuing either a certificate of investment or a statement of account, as decided by the Unit Trust or Mutual Fund, serving as documentary proof of the investment.
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Provisions expressly mentioned in the judgment/order text.
Evidence of investment: unit trusts and mutual funds must acknowledge investments by certificate or statement of account.
An assessee's investment in any plan must be acknowledged by the Unit Trust or Mutual Fund by issuing either a certificate of investment or a statement of account, as decided by the Unit Trust or Mutual Fund, serving as documentary proof of the investment.
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