https://www.taxtmi.com/manuals?id=1879 Deduction is available for investments in specified Equity Linked Savings Schemes by individuals and HUFs, subject to the overall deduction limit applicable to such savings instruments and restricted to the prescribed maximum. Investments must be in units of specified mutual funds or the Unit Trust under notified plans to qualify. Returned amounts on repurchase or plan termination are treated as income in the year of return, and amounts become deemed income on partition of an HUF or dissolution of an association after a deduction was claimed. Investments after a specified cut off date are excluded from deduction. en-us Mon, 25 May 2020 19:11:00 +0530 Sat, 18 Mar 2023 12:50:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/manuals?id=1879 Deduction is available for investments in specified Equity Linked Savings Schemes by individuals and HUFs, subject to the overall deduction limit applicable to such savings instruments and restricted to the prescribed maximum. Investments must be in units of specified mutual funds or the Unit Trust under notified plans to qualify. Returned amounts on repurchase or plan termination are treated as income in the year of return, and amounts become deemed income on partition of an HUF or dissolution of an association after a deduction was claimed. Investments after a specified cut off date are excluded from deduction. Manuals Income Tax Mon, 25 May 2020 19:11:00 +0530 https://www.taxtmi.com/manuals?id=1879