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income from mutual fund

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(Querist)
28 July 2008 Dear Sir,

Income form mutual fund is exempted or tax free . if it is taxable then under which head ???
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CA CS CIMA Prakash Somani

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CA CS CIMA Prakash Somani (Expert)
28 July 2008 It depends on which scheme you are investing.
If it is taxable then under Income from Other source.

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