Mutual Fund
This query is : Resolved
25 February 2011
Hello Experts
My query is this, a private co. want to invest Rs. 100 crore in a mutual fund.Co. want to know the pros ans cons of this investment regarding taxation.Which type of investment co. should do??,Capital, growth or dividend??
I mean to say which type of investment will lead to lower taxability in income tax??
My query is this, a private co. want to invest Rs. 100 crore in a mutual fund.Co. want to know the pros ans cons of this investment regarding taxation.Which type of investment co. should do??,Capital, growth or dividend??
I mean to say which type of investment will lead to lower taxability in income tax??
25 February 2011
better option would be in dividend as dividend in the hands of receiver is tax free.
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