Profit and sale of mutual fund by the trust
This query is : Open
28 January 2026
Trust registered under section 12 A has sold the mutual fund of rs 50 lakhs and and profit of rupees 14 lakhs. Entire sale proceeds of rs 50 lakhs has been Re invested in purchase of another Mutual Fund can a trust claim exemption? Or liable to pay tax on 14 lacs income
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