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Taxability Of Matured Amount of UTI SCUP 1992

This query is : Resolved 
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(Querist)
09 May 2008 The units of UTI SCUP taken in 1992 has been received i 2007-2008. Please advise the taxability of the matured amount.
Amount invested in 1992 Rs 8000
Amount received on maturity Rs 44000
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CA Hemant T Dewani

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CA Hemant T Dewani (Expert)
09 May 2008 if your investment is for more than one year then total incoe is exemptd 10(23D)
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