No Deductions, No Lock-in in case of ELSS ?

POSTED BY Anand ON June 27, 2011 1:53 pm COMMENTS (3)

Hi all,

Here is the link from value-research-online that syas that if we do not declare ELSS investments under 80C to government then there is not lockin.

http://www.valueresearchonline.com/story/h2_storyView.asp?str=17390

 

But how will the MF AMC know whether we have declared that investment under 80C or not.

Is whatever the link says true?

Please comment.

 

3 replies on this article “No Deductions, No Lock-in in case of ELSS ?”

  1. Anand says:

    Surprised to see the misleading article from value research.

    1. I dont think you should call it misleading , it can be a plain mistake which people do often , even I do it 🙂

      Manish

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