Mutual fund
Accounting Home Services (Finance Executive ) (733 Points)
09 February 2016Accounting Home Services (Finance Executive ) (733 Points)
09 February 2016
CA. Ramesh Chand
(Manager- Accounts & Taxation)
(437 Points)
Replied 09 February 2016
No, only mutual funds if any specified shall be allowed under section 80C
Ruchi
(CA)
(1410 Points)
Replied 09 February 2016
Only notified units of mutual funds are eligible for deduction u/s 80C.
DILIP YAMKAR
(Accountant)
(23 Points)
Replied 10 February 2016
Please reply,,
Any type of Income from Mutual fund investment is taxable or not?
Accounting Home Services
(Finance Executive )
(733 Points)
Replied 11 February 2016
yes income consider as a capital gain
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