Sale of Equity Oriented Mutual Funds
This query is : Resolved
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Sayantan Chakraborty
(Querist)
23 April 2024
Hello there,
My question is I redeem some Mutual funds (say 100000/-) where STT is not paid . According the provition of 111A Tax cannot be levy @ 15 % (STCG) . its Taxable on Slab Rate.
am I right ?
In Itr page of capital gain should I shown it
My question is I redeem some Mutual funds (say 100000/-) where STT is not paid . According the provition of 111A Tax cannot be levy @ 15 % (STCG) . its Taxable on Slab Rate.
am I right ?
In Itr page of capital gain should I shown it
Dhirajlal Rambhia
(Expert)
02 May 2024
Fund house would have deducted STT if the units redeemed where under equity oriented scheme.
Dhirajlal Rambhia
(Expert)
08 September 2024
Good Luck.
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