Period of holding requirements

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....es are required to be held for a period called the fixed lock-in period which shall commence from the date of purchase of such securities in the relevant financial year and end one year from the date of purchase of the last set of eligible securities (in the same financial year) on which deduction is claimed under the Scheme.       (3) The new retail investor shall not ....

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....bsp;              (A)  the demat account shall be considered compliant for the number of days where value of the investment portfolio of eligible securities, within the flexible lock-in period, is equal to or higher than the amount claimed as investment for the purposes of deduction under section 80CCG of the Act;  &nbsp....

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....ties and the said demat account shall be compliant from the day on which the value of the investment portfolio in the account Incomes -                 (I)  at least equivalent to the investment claimed as eligible for deduction under section 80CCG of the Act; or          &....

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.... duty, service tax and all taxes, which are appearing in the contract note.       (9) Where the investment of the new retail investor undergoes a change as a result of involuntary corporate actions like demerger of companies, amalgamation, etc. resulting in debit or credit of securities covered under the Scheme, the deduction claimed by such investor shall not be affect....