ved ved (Job) (1 Points)
06 September 2024Hi,
I inherited as nominee for mutual fund which were on my father name. There is capital gain of 2L on them, couple of questions:
1. Should I redeem them directly on my account or transfer the funds to my name first?
2. Would on redemption the capital gain tax implication applied on my ITR?
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(172774 Points)
Replied 06 September 2024
LIVE Form 10 B and Form 10BB: Handle Tax Audit Reports of Charitable Organizations(with recording)
CAclubindia
