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short term capital gains on mutual fund

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22 May 2008 my company sale mutual funds with sst.
comapny laible to pay tax @ 10% on sale of mutual funds
if sst paid whether it is shortterm capital gain exampeted or not

22 May 2008 What is your question? You have not stated the nature of fund.

22 May 2008 sir,
my company sale mutual funds with sst.
comapny is laible to pay tax @ 10% on sale of mutual funds
if sst paid, short term capital gain exampeted or not.

yes SST means security Transactions Tax .
some funds are equity oriented and some funds are debt oriented funds.

thankyou sir




22 May 2008 You have not clarified whether the fund is debt or equity oriented. Secondly what do you mean by sst? I think u r meaning security Transactions Tax (STT). Please clarify



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