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regarding treatment of Mutual fund

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Querist : Anonymous

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Querist : Anonymous (Querist)
11 February 2011 when we invest in mutual fund we get deduction U/s 80C..... when we get dividend itz exempt u/s 10(34).......

Den wt is the tax treatment, when mutual fund is redeemed???


We have to take it as a capital gian or wt?/

11 February 2011 Yes, Long Term / short term Capital gain/loss arises on redemption



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