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Exemption of mutual fund

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(Querist)
19 June 2013 Short term sale of HDFC CASH MANAGEMENT FUND is taxable or not?Rate of tax ?
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Ankit

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Ankit (Expert)
19 June 2013 yes Ankita,

since HDFC CMF is not listed, the short term gain will be taxable at normal slab rate.

- Ankit
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ankita

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ankita (Querist)
19 June 2013 but as per my findings it is a listed instrument......




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