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Head of Taxation

RAHUL SHAW (47 Points)

21 September 2022

Income from units of Investment Fund

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Dhirajlal Rambhia (SEO Sai Gr. Hosp.) (172752 Points)
Replied 21 September 2022

Generally.... CAPITAL GAINS .............

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Anurag Kumar (12 Points)
Replied 21 September 2022

There are main 5 head of taxation
Income from salary
income from house property
income from business and profession
income from capital gain
income from other sources

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Eswar Reddy S (CFO- at NHTF) (58263 Points)
Replied 21 September 2022

If you are an investor then it is Capital Gain and if your in business related stock market then it is business income

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sabyasachi mukherjee (27334 Points)
Replied 22 September 2022

No not necessarily. If the assesse has invested in hybrid funds of ulip then its not a capital gain. It's shown as income from ulip not taxable.

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