banner_ad

Short term capital gain on Mutual Fund

This query is : Resolved 

15 July 2010 Whether short term capital gain on Mutual fund is taxable???

15 July 2010 Short term capital gain (STCG) on mutual fund is always taxable. there are two types of mutual funds
1. equity oriented fund... STCG is taxed at 15%(section 111A)
2. Debt Fund... STCG is calculated at normal rate of tax

For the above mentioned rates Surcharge if any and EC and SHEC should be added


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro

Similar Resolved Queries


loading


Unanswered Queries



CCI Pro
Meet our CAclubindia PRO Members

Follow us
add to google news



Answer Query



Company
22 May 2026
Audit assistant

Displayandbeyond

Mumbai

CA

View Details
Company
02 May 2026
Experience Audit Manager

AGGARWAL SAMIR & CO

New Delhi

CA Inter

View Details
Company
Featured 02 May 2026
Senior Executive

hitesh chandwani & co

Pune

B.Com

View Details
Company
04 May 2026
Articleship

S.K Gairola & CO

New Delhi

B.Com

View Details
Company
11 May 2026
CA Dropout

Patron Accounting LLP

Pune

CA Inter

View Details
Company
23 May 2026
Article Assistant

Geeta Manchanda & CO.

New Delhi

CA Inter

View Details
Company
08 May 2026
Paid Assistants

Quick Taxperts Private Limited

Bengaluru

Graduate (Any)

View Details
Company
ARTICLESHIP 30 April 2026
Article Assistant

J SINGH & ASSOCIATES

Ahmedabad

CA Inter

View Details