Mutual funds income
This query is : Resolved
Ali Shamsi
(Querist)
05 April 2014
sir in my opinion income from mutual funds is exempt if mutual funds sold after one year of purchase. I am correct or not. Please help me out. Thanks
Rupesh Jain
(Expert)
05 April 2014
if you pay STT ( security transaction tax)
then long term capital gain . will exempt
then long term capital gain . will exempt
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