Mitali Rastogi (Chartered Accountant) (38 Points)
12 October 2011Is interest received on units of UTI and mutual funds taxable?
is the amount recevied o theri maturity exempt?
Nitesh Matta
(Nothing)
(198 Points)
Replied 12 October 2011
interest from UTi is not taxable but from MF is taxable under OS.
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