Regarding mutual fund revaluation

This query is : Resolved 

14 June 2013 An Assessee have investment in Mutual fund
At the end of the Year revalue the MF found Increase\Derease.....
this will be reflect in IT Return or not?????

14 June 2013 there is no effect of mere valuation. taxability is only when you booked the gain or loss. that is withardw your investment.



You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries