Capital Gains Liquid Bees

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This query is : Resolved

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Capital gains earned from trading ETF Liquid Bees are indeed taxable. Dividends are taxed according to your individual income tax slab rate. When you sell units, the amount on which tax has already been paid is considered the cost of acquisition. Subsequent gains are then taxed under the 'capital gains' head, specifically from the sale of assets not otherwise listed.

MAKARAND DAMLE

MAKARAND DAMLE (Querist)

13 July 2023 Are capital Gains earned on Trading of ETF Liquid Bees taxable ?

Under which head difference between sale and purchase price is to be shown ?

Dhirajlal Rambhia

Dhirajlal Rambhia

(Expert)

13 July 2023 Specify the name of the ETF.
Is it equity based?

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)

13 July 2023 Dividends on Liquid ETFs and Liquid BeES are taxed as per the income tax slab rate of the investor. When the units are sold, the amount on which tax is already paid is treated as the cost of acquisition, and the gains are then taxed under income from capital gains.

MAKARAND DAMLE

MAKARAND DAMLE (Querist)

13 July 2023 Nippon India ETF Liqid Bees

Dhirajlal Rambhia

Dhirajlal Rambhia

(Expert)

19 July 2023 Schedule CG >>> From the sale of assets other than all the above listed item.....

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