https://www.taxtmi.com/acts?id=18143 Eligibility for the Rajiv Gandhi Equity Savings Scheme is confined to a new retail investor investing in eligible securities within a three year block beginning with an initial year; the deductible amount per financial year is subject to a cap. Investments may be made in multiple transactions, may skip a year within the block, and once claimed cannot be claimed again for another assessment year. Eligible securities in the demat account are subject to a three year lock in and an initial fixed lock in unless excluded via Form B; non compliance with lock in or Scheme conditions leads to withdrawal of the deduction. en-us Tue, 07 Jan 2014 14:14:29 +0530 Tue, 07 Jan 2014 14:14:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=18143 Eligibility for the Rajiv Gandhi Equity Savings Scheme is confined to a new retail investor investing in eligible securities within a three year block beginning with an initial year; the deductible amount per financial year is subject to a cap. Investments may be made in multiple transactions, may skip a year within the block, and once claimed cannot be claimed again for another assessment year. Eligible securities in the demat account are subject to a three year lock in and an initial fixed lock in unless excluded via Form B; non compliance with lock in or Scheme conditions leads to withdrawal of the deduction. Act-Rules Direct Taxes Tue, 07 Jan 2014 14:14:29 +0530 https://www.taxtmi.com/acts?id=18143