Short Term Capital Gains on Debt Funds has to be taxed according to slabs as per the rule.But how should it be presented in the ITR Forms?..since it will be taxed at special rates if entered in CG/OS schedule.Please advise.
1 Replies
Mihir
(Wealth Manager)
(5293 Points)
Replied 24 July 2013
Section 111A does not apply because it is a debt fund and not an equity fund.
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