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Mutual fund

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Querist : Anonymous

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Querist : Anonymous (Querist)
30 December 2011 Is there any mutual fund exempt from tax and if there is any please specify the section of income tax act under which it is exempt?

thanx
young services(ajit mishra)
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CA Hardik Bunha

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CA Hardik Bunha (Expert)
30 December 2011 section 10(38)
long term holding
12 month holding period

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