Taxability of units of balanced funds
Anonymous (-) (279 Points)
19 May 2017
Is sale of unit of Balanced fund exempt from tax?
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(161308 Points)
Replied 19 May 2017
Only if held for more than 12 months, othewise short term capital gains tax!!
CAclubindia
