1. As per my knowledge and understanding , no stt is paid during investment and redemption of mutual funds.
2. LTCG in sale of equity oriented mutual funds (assuming stt not paid if point 1 above is true) are taxed at what rate ? Under which section ?
3. Indexation benefit available or not ?
4. Are LTCG on sales of equity oriented mutual funds exempt from tax ? or where they exempt in any earlier year. ?
Thanking all in Advance
Regards
Raj Doshi
rcdco.in
LTCG on redemption of mutual fund
CA Raj Doshi (Practising CA) (8924 Points)
19 June 2019