Rajiv Gandhi Equity Savings Scheme, 2013
1. Short title, commencement and application. - (1) This Scheme may be called the Rajiv Gandhi Equity Savings Scheme, 2013.
(2) It shall come into force on the date of its publication in the Official Gazette.
(ii) is not covered by sub-clause (i), the aggregate deduction allowed to the investor under section 80CCG for both the years shall be liable to tax.Explanation.-It is hereby clarified that in the case where the value of the investment portfolio of eligible securities is more than the corresponding value of such securities in respect of which deduction has been claimed in either of the two financial years, the deduction corresponding to the financial year in which the value of investment portfolio of eligible securities is less, shall be liable to tax.
| Name< xml:namespace prefix = o ns = "urn:schemas-microsoft-com:office:office" /> | PAN | DEMAT A/c No. | Date of opening A/c or date of designating a/c as RGESS | Detail of investments | Compliance Status |
||||||||
| | | | | Year 1 | Year 2 | Year 3 | |
||||||
| | | | | Amount invested and eligible for deduction in the first year # | Scrips under fixed lock-in during the relevant FY | Amount invested in the second year | Scrips under fixed lock-in during the relevan t FY | Amount invested in the third year | Scrips under fixed lock-in during the relevant FY | Whether A/c eligible under the RGESS | Whether A/c complia nt with RGESS in respect of fixed lock-in | Whether A/c compliant with RGESS in respect of 270 days period* | Amount chargeable to tax* |
| | | | | | | | | | | | | | |
To continue reading
Request your trial