Long term capital gain
This query is : Resolved
26 July 2019
Dear Experts,
I have made some investments in mutual funds some two year back and sold recently online. But i didn't have actual date of purchase. Kindly advise how to enter the details for long term capital gain while filing Itr2. as this is most urgent kindly give your valuable advise as early as possible.
Thanks in advance.
K.B. Nagesha rao
9448826793
I have made some investments in mutual funds some two year back and sold recently online. But i didn't have actual date of purchase. Kindly advise how to enter the details for long term capital gain while filing Itr2. as this is most urgent kindly give your valuable advise as early as possible.
Thanks in advance.
K.B. Nagesha rao
9448826793
31 May 2020
Profit made on sale of mutual fund investments is termed capital gain. For equity oriented schemes, if the investment is held for 12 months or less, it is termed as short term capital gain and taxed at 15%
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