Taxability on investment made to mutual fund


This query is : Resolved 

20 November 2020 Dear Sir,
We have made the investment in Mutual fund (debt) of Rs. 100000 In FY 2019-20

Is this investment taxable....

Thanks
Nikhil

21 November 2020 investment in debt mutual fund is not taxable but income from debt mutual fund is taxable.


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



Similar Resolved Queries


loading


Unanswered Queries



CCI Pro



Answer Query