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.


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