is sale of uti units exempt u/s 10(38)
as in the above section there no word as UTI as in section 10(35) and 80c
Jeet Biswas
(ACMA (in Service))
(5073 Points)
Replied 01 December 2008
the sale of uti units will be exempt u/s 10 (33), assumed that the transfer takes place on/after 01/04/2002.