Exemption of mutual fund


This query is : Resolved 

(Querist)
19 June 2013 Short term sale of HDFC CASH MANAGEMENT FUND is taxable or not?Rate of tax ?

Ankit (Expert)
19 June 2013 yes Ankita,

since HDFC CMF is not listed, the short term gain will be taxable at normal slab rate.

- Ankit

ankita (Querist)
19 June 2013 but as per my findings it is a listed instrument......


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