Taxability Of Matured Amount of UTI SCUP 1992
This query is : Resolved
09 May 2008
The units of UTI SCUP taken in 1992 has been received i 2007-2008. Please advise the taxability of the matured amount.
Amount invested in 1992 Rs 8000
Amount received on maturity Rs 44000
Amount invested in 1992 Rs 8000
Amount received on maturity Rs 44000
09 May 2008
if your investment is for more than one year then total incoe is exemptd 10(23D)
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