26 July 2019
Sir I would like to take advise on If wife gets income from mutual fund after his husband death is she liable to pay tax on it? My client husband had taken HDFC closed ended fund in 2015 for 100000 and after his death my client gets 133000 after maturity in May 18. Is it considered as long term or short term gain. Pl reply soon Regards
CAclubindia
