SALE OF MUTUAL FUND

This query is : Resolved 

30 March 2010 hi Friends,

I have a query...

Can you please tell me if a person invest in a tax saving mutual fund with the 3 year locking period...after the end of 3 year he get profit on this mutual fun...

Is it taxable as LTCG ?
If not please provide me the refring section..

Thanks
Anil

30 March 2010 The LTCG is tax free.

30 March 2010 plz chk whether it is taxfree in ur hand u/s 10(10)(D)

Nazir


31 March 2010 LTCG on equity oriented MF is tax free. ELSS fall under this category only and the LTCG is tax free

31 March 2010 ya its relating to 10(23D)

05 April 2010 de



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