https://www.taxtmi.com/acts?id=16999 New retail investors may buy eligible securities in one or more transactions during the year, with the deduction amount capped. Eligible securities credited to the demat account are automatically subject to a one year lock in unless excluded by a Form B declaration. Deduction applies only for the first financial year without a Form B declaration and may be claimed only once by the investor. A three trading day grace period after year end applies to crediting purchases; non eligible securities held in the demat account do not count for Scheme benefits. Deduction is withdrawn if lock in or other Scheme conditions are violated. en-us Wed, 28 Nov 2012 12:46:46 +0530 Wed, 28 Nov 2012 12:46:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=16999 New retail investors may buy eligible securities in one or more transactions during the year, with the deduction amount capped. Eligible securities credited to the demat account are automatically subject to a one year lock in unless excluded by a Form B declaration. Deduction applies only for the first financial year without a Form B declaration and may be claimed only once by the investor. A three trading day grace period after year end applies to crediting purchases; non eligible securities held in the demat account do not count for Scheme benefits. Deduction is withdrawn if lock in or other Scheme conditions are violated. Act-Rules Direct Taxes Wed, 28 Nov 2012 12:46:46 +0530 https://www.taxtmi.com/acts?id=16999