regarding treatment of Mutual fund
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
11 February 2011
when we invest in mutual fund we get deduction U/s 80C..... when we get dividend itz exempt u/s 10(34).......
Den wt is the tax treatment, when mutual fund is redeemed???
We have to take it as a capital gian or wt?/
Den wt is the tax treatment, when mutual fund is redeemed???
We have to take it as a capital gian or wt?/
11 February 2011
Yes, Long Term / short term Capital gain/loss arises on redemption
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