UTI US 71 TAX TREATMENT

Tax queries 106 views 1 replies

Hi .

I ve a query regarding US 71 scheme of UTI . It ll be 

Treated as ULIP equity or DEBT MF at the time of redemption of units ?

 

Replies (1)

The bonus units given will be treated at zero acquisition cost for tax purposes and the tax to be paid as equity or debt


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