are WE to show the income from mutual funds in itr this time? if yes which section should we be showing them in as they are all of above 1 year MF
3 Replies
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(177852 Points)
Replied 28 August 2018
If long term gains from equity oriented MF, its exempted u/s. 10(38); hence should be shown in 'schedule EI'
neha
(Others)
(420 Points)
Replied 28 August 2018
but this time 10% on mf too something right...still to show them in schedule EI?
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(177852 Points)
Replied 28 August 2018
That (10% on LTCG) is applicable from AY 2019-20.
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