switch out in mutual fund be treated as transfer u/s 2(47)
This query is : Resolved
19 May 2011
Whether swith out from one mutual fund to other fund will amount to capital gain.
19 May 2011
TECHNICALLY SPEAKING IT IS A TRANSFER UNDER THE EYES OF LAW
HENCE CAP GAIN WILL BE LEVIABLE
CA MANOJ GUPTA
JODHPUR
09828510543
HENCE CAP GAIN WILL BE LEVIABLE
CA MANOJ GUPTA
JODHPUR
09828510543
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