Can we file this investment Tax Saver under 80C?

Taxation
1

Can we file this investment Tax Saver under 80C?

if so,

  1. How can choose the Tax Saver investment?
  2. What the proof statement I can get from coin to file TAX Declaration?

And also I have some few doubts.

How can I calculate the my SIP and Benefit returns in Coin?

Thanks.

2

Hi Manikandan,

If you already have an account with Zerodha, you can log in to coin.zerodha.com and then in the search bar you see, just type ELSS or Taxsaver, you will get a list of funds that are tax saver funds. Your investment in these are exempted under 80C of IT act, upto an amount of Rs. 1,50,000

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As you can see in the image attached, you can see the investment amount , and returns.
Also you can see, there is an option to download proof of ELSS investments through coin.
Do use the savings calculator tool to see how much you will be saving by investing through Coin, rather than investing in regular mutual funds.

Thanks,
Lindo

3 Likes
3

Hai Lindo,

Thanks for Quick and Understandable answer.

It helped very much.

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