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LTCG on MF

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(Querist)
30 July 2022 MF house merged in Jan2022 and alloted new Fund units ind higher value, should we pay tax on the difference/gain. Will it be consider Redemption, please proov it.
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Dhirajlal Rambhia

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Dhirajlal Rambhia (Expert)
30 July 2022 No. its not redemption. No need to declare CG, reason being you have not applied for redemption.

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