Capital gain

Tax queries 504 views 1 replies

an investment of 10000 is made in a mutual fund scheme on 1.1.10 i got dividends on the following dts.:-

2.5.10 - Rs. 600

15.11.10 - 900

23.4.11 - 400

17.12.11 - 700

i reinvested these dividends n finally sold all the units on 5.1.12 at Rs. 15000. what will be my period of holding? compute capital gain.

Replies (1)

Hi,

Assumptions

1.on the assumption that u doesnt have any other income and being a women assessee 

Your basic exemption criteria is 190000,Hence u r not req to pay any tax on such sale.


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