I have 100 equiety oriented units of MF amounting Rs.1000/- as on 01-04-07. The balance of units as on 31-03-2008 is 110 amounting Rs.15000/- as 10 units reinvested amounting Rs.100/- by way of dividend. Dividend Reinvestment on 01-09-07. I sold all the 110 units as on 01-05-08. what will be the tax effect? what will be the cost of purchase?
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