ELSS : How To Plough Back 3 Years Of Investments Into Perpetual Tax Saving Investment
There is no denying in the fact that among all the options available under section 80C of Income Tax Act, 1961, Equity Linked Savings Scheme (ELSS), as we all know, is the one of the most popular investment avenues. You can claim up to Rs. 1.5 lakh as deduction when you make investment in ELSS. However, to avail this claim every year, you need to invest Rs. 1.5 lakh every year. We assume that that you are only going to invest in ELSS for tax saving purpose under Section 80C.
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