Redemption of mutual fund
Rajvi Shah (84 Points)
16 August 2018
please tell me that redemption of mutual fund under which head:LTGS/STGS or other income???
2 Replies
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(178007 Points)
Replied 16 August 2018
Usually ... under capital gains.......
Ashwin Kumar
(CA ipcc)
(449 Points)
Replied 16 August 2018
if listed then long term capital gain if the holding periode exceeds 12 months incase of unlisted ltcg will arrive if the periode of holding exceeds 36 months
Recent Topics
- Taxability of income in USA of resident oci holder
- Clarity regarding Sec 16(4)
- GST ON HOTEL ROOMS details
- Relief for Delayed Filing of Tax Forms
- Expire stock
- INCOME TAX AY 25-26
- Experienced CA firm for accounting & auditing
- Regarding Perquisite Tax on ESOP - Unlisted Compan
- Casual Taxable Person under GST
- Extended Date of GSTR-1 for the month of July 2020
Related Threads
CAclubindia
