Capital Gain on Debt Oriented STT paid Mutual Fund
This query is : Resolved
05 July 2011
Dear Experts,
Is LTCG on sale of units of Debt funds on which STT is paid, taxable or exempt? Likewise, if theree is LTC Loss on sale of units of Debt funds on which STT is paid, eligible for carry forward to subsequent years?
Fund name is Fidelity Ultra Short Term Debt Fund
Please help, very urgent.
Is LTCG on sale of units of Debt funds on which STT is paid, taxable or exempt? Likewise, if theree is LTC Loss on sale of units of Debt funds on which STT is paid, eligible for carry forward to subsequent years?
Fund name is Fidelity Ultra Short Term Debt Fund
Please help, very urgent.
05 July 2011
No it is not exempt
Loss can be carried forward
CA MANOJ GUPTA
JODHPUR
09828510543
Loss can be carried forward
CA MANOJ GUPTA
JODHPUR
09828510543
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