Arundhati Raychaudhuri (no designation) (340 Points)
13 January 2012an 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.
Prashanth
(Chartered Accountant)
(2322 Points)
Replied 13 January 2012
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.
CAclubindia
