Deduction on mutual funds
This query is : Resolved
26 December 2021
Dear Sir/madam,
i"m investing in Mutual Funds and stocks every year. My deductions has exceed Rs.1,50,000. without taking these consideration. where i can get deductions on that two investments. Please answer me.
i"m investing in Mutual Funds and stocks every year. My deductions has exceed Rs.1,50,000. without taking these consideration. where i can get deductions on that two investments. Please answer me.
26 December 2021
No deduction allowed on these investments.
Whereas short term capital gains on such investment taxed at 15% and long term capital gains taxed at 10% with no tax upto 1 lac.
Whereas short term capital gains on such investment taxed at 15% and long term capital gains taxed at 10% with no tax upto 1 lac.
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