mutual fund
This query is : Resolved
sachin saxena
(Querist)
22 May 2008
can STT deducted on the redemption of mutual fund can be claimed as an expenes in the books. and dividend rece. on it is exempt. fron tax?
plz tell me that my books of account is showing the value of investment Rs, 501471/- but as per bank portfolia it is Rs. 1104571/- how can i adjest these difference( it may be for reinventment of dividend and STT)
plz tell me that my books of account is showing the value of investment Rs, 501471/- but as per bank portfolia it is Rs. 1104571/- how can i adjest these difference( it may be for reinventment of dividend and STT)
22 May 2008
if mutuak fund is ur investment then it is not allowed as exp.
& it is nothing to do with market value.
& it is nothing to do with market value.
sachin saxena
(Querist)
30 May 2008
plz give me correct sugession
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