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Regarding mutual fund revaluation

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(Querist)
14 June 2013 An Assessee have investment in Mutual fund
At the end of the Year revalue the MF found Increase\Derease.....
this will be reflect in IT Return or not?????
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Durgesh Joglekar

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Durgesh Joglekar (Expert)
14 June 2013 there is no effect of mere valuation. taxability is only when you booked the gain or loss. that is withardw your investment.

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