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Deduction u/s 80CCG - Deduction in respect of investment made under Rajiv Gandhi Equity Saving Scheme [Upto AY 2017-18]

Income Tax - Exemptions and Deductions - 09 - SECTION 80CCG Deduction eligible only utpo AY 2017-18 No Deduction from the AY 2018-19 Eligibility Resident individual This section provides deduction in respect of investment made under notified equity s .....

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retail investor The investment is locked-in for a period of 3 years from the date of acquisition in accordance with the above scheme. Amount of deduction: The amount of deduction is at 50% of amount invested in equity shares/ units. However, the amou .....

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