Changes made by Finance(No.2) Bill,14 passed by Lok Sabha

CA Nitesh Kumar More , Last updated: 26 July 2014  
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1. Unlisted securities and units of MF transferred between 1-4-2014 and10-7-2014shall be deemed to be long-term capital assets, if held for more than 12 months: It is proposed that unlisted shares and units of a mutual fund (other than Equity oriented mutual fund) shall be categorized as long

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CA Nitesh Kumar More
(Chartered Accountant)
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