Income on redemption of units of 'Short Term Bond Fund' of any Mutual Fund is taxable under which head?
Is it considered as interest on security income ?
or
It is capital gain?
Holding of units is less than a year.
1 Replies
CA Raj Doshi
(Practising CA)
(8924 Points)
Replied 11 August 2021
It is short term capital gain, stt not paid.
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