capital gain

161 views 3 replies
i have taxable salary income on which i had paid tax rs 6000 and also i invest through sip which is equity oriented mf monthly rs 2000 since oct 2017 as per todays date my earning is 43000 will it attract tax @ 10% LTCG on 43000??
Replies (3)
When you will sell such mutual fund at that time whatever you earn capital gain will taxable... before sale it is not taxable.

but i have to show the accrued income from statement from 01.04.2017 to 31.03.2018?? or just i have to take deduction u/s 80c for the investment amount?? 

Just take the deduction amount. Accrual is not taxable for capital assets.


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register