Capital gain

This query is : Resolved 

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
13 February 2014 please see the details of the investment.

1)
Puchase Date 26/09/2012 INR 10,00,000/- Fund Name – BIRLA SUN LIFE DYNAMIC BOND – RETAIL PLAN – DIV REINVESTMENT.
Switch Out Date 17/05/2013 INR 10,72,877.37 Fund Name - BIRLA SUN LIFE DYNAMIC BOND – RETAIL PLAN – GROWTH.

Now the client wants to check in case we switch the fund to BIRLA SUN LIFE MEDIUM TERM PLAN. What will be the tax implications? LTCG or STCG?

13 February 2014 it will be short term capital gains.


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries



CCI Pro
Meet our CAclubindia PRO Members

Follow us
add to google news



Answer Query