Capital gain
This query is : Resolved
Querist : Anonymous
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?
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
Click here to login now
Similar Resolved Queries
Unanswered Queries
- House Property Reporting in ITR
- Internship/Academic shown in Salary Pay Slip of a Doctor
- TDS Claim year
- Liable to deduct tds and 44ADA
- TDS Challan Code
- Refund of 20%pre-deposit paid for stay application
- Nomination of Bank for refund in itr 2
- Section 56(2) of the Income tax Act 1961 , Gift to relative .
- Relief u/s Section 89
- Rent lease agreement
- Supply through E-commerce Operators
- STCG on ETF gold & silver
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
- Annexure B utility for GST Refund
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
