withdrawl from ELSS fund


This query is : Resolved 

09 February 2010 In march 2009 I have invested 20000/- in ELSS mutual fund and availed deduction under sec. 80C.
Now I want to withdraw money.
What will be tax treatment.

11 February 2010 It will be taxable in current year

11 February 2010 yes, its taxable at the time of withdrawal.

12 February 2010 Sir,

At what rate tax will be applicable.

12 February 2010 Sir,

At what rate tax will be applicable.

13 February 2010 Normal tax rates for the AY 2010-11


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