TMI BlogProcedure for investment under the SchemeX X X X Extracts X X X X X X X X Extracts X X X X ..... of three consecutive financial years beginning with the initial year; (b) the new retail investor may make investment in eligible securities in one or more than one transaction during any financial year during the three consecutive financial years beginning with the initial year in which the deduction has to be claimed; (c) the new retail investor may make any amount of investment in the demat ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... of paragraph 7; (g) the eligible securities brought into the demat account, in respect of which the assessee is eligible for deduction under the Scheme, shall be under a fixed lock-in during the first year, as per the provisions of the paragraph 7, unless the new retail investor specifies otherwise, and for such specification, the new retail investor shall submit a declaration in Form B, either ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... seven trading days from the end of the financial year so that the eligible securities purchased on the last trading day of the financial year also get credited in the demat account and such securities shall be deemed to have been acquired in the financial year itself; (k) the new retail investor can make investments in securities other than the eligible securities covered under the Scheme and s ..... X X X X Extracts X X X X X X X X Extracts X X X X
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