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capital gain
i have taxable salary income on which i had paid tax rs 6000 and also i invest through sip which is equity oriented mf monthly rs 2000 since oct 2017 as per todays date my earning is 43000 will it attract tax @ 10% LTCG on 43000??
Replies (3)
When you will sell such mutual fund at that time whatever you earn capital gain will taxable... before sale it is not taxable.
but i have to show the accrued income from statement from 01.04.2017 to 31.03.2018?? or just i have to take deduction u/s 80c for the investment amount??
Just take the deduction amount. Accrual is not taxable for capital assets.
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