Upon sale of tax relief mutual fund units, is it chargeable to capital Gains and is there any exemption for the same?
1 Replies
Pankaj Arora
(Learner)
(3134 Points)
Replied 29 January 2011
If Mutual fund unit holding period more than one year and you have paid STT than it will be LTCG tax free.Or if you sell before one year than it will attract STCG.
Recent Topics
- NRO Interest - Taxed at source and in Foreign Coun
- Clarity needed on effective date
- Income Tax Refund Deadline Shortened to Five Years
- Rectification Applications for Past GST Demands
- Where can I find a trusted provider to hire a skip
- GST Invoices Series
- FILING OF ITR AY 20-21
- CLAIMING OF U CLAIMED RCM
- Building construction works
- REGARDING GSTR-9 F.Y 2023-24
Related Threads
CAclubindia
