I want to know if i invest in ELSS for tax saving on 31.03.2018. The units will alloted on 02.04.2018, the investment comes under which year 2017-18 or 2018-19 for IT Returns purpose
Cut Off date for ELSS investment for FY 2017-18 is already over. It was over on 28th itself. Because 29th, 30, 31st and 1st April are holidays for Mutual Fund Companies and also for Banks.
You have to invest on working day of Mutual Funds within that FY so that you can prove your investments.