Tax on mutual fund units

shankar banerjee (self employed) (162 Points)

29 April 2014  

WHAT WILL BE THE TRAEATMENT OF APPRECIATION / DEFICIT ON SWITCHOVER OF MUTUAL FUND UNITS FROM ONE SCHEME TO ANOTHER IN THE SAME MUTUAL FUND HOUSE WITHIN A PERIOD OF 12 MONTHS AND AFTER 36 MONTHS UNDER THE PROVISIONS OF INCOME TAX ACT,1961