I want to open an online trading account with motilal oswal or may be with kotak securities. As you may be aware that almost all online trading accounts facilitate online purchase, selling and switching of mutual funds these days. I want to transact in Mutual Funds via this online account.
Now, my concern is - If I invest in ELSS mutual funds for tax saving via online trading account of motilal oswal/sharekhan/kotak etc etc ... what tax proof will i get? What documents will I need to submit in my company as tax proof for my investment in ELSS? does these online trading accounts provide some statement for mutual fund transactions or will i have to get it directly from the AMC?
Plz calrify this point. I read every FAQ on Motilal oswal's site but did not find answer to this. There customer care guys are not so aware of these things and were not able to answer my query.
Now, my concern is - If I invest in ELSS mutual funds for tax saving via online trading account of motilal oswal/sharekhan/kotak etc etc ... what tax proof will i get? What documents will I need to submit in my company as tax proof for my investment in ELSS? does these online trading accounts provide some statement for mutual fund transactions or will i have to get it directly from the AMC?
Plz calrify this point. I read every FAQ on Motilal oswal's site but did not find answer to this. There customer care guys are not so aware of these things and were not able to answer my query.