Menu
capital Gain distribution
whether capital gain distribution(made by US mutual funds) taxed in us tax return is taxable in India?
Replies (2)
For Resident Indian... Yes, subject to DTAA
But as per US tax laws Capital gain distribution means activities undertaken by mutual fund house, where in even though individuals doesn't undertake buying and selling it is apportioned in the hands of investors.
Still is it taxable in India? as individual doesn't sell any units. It is just apportioned income just like we do apportionement in alternate investment funds
Still is it taxable in India? as individual doesn't sell any units. It is just apportioned income just like we do apportionement in alternate investment funds
Recent Topics :
- CAPITAL GAIN REG
- Built a simple tool to automate client document fo
- Capital Gain on Sale of SRA Allotted Flat Received
- Discrepancy in Auto populated figures in GSTR1 of
- What should I do after receiving a GST Show Cause
- Discuss and Download CA Inter Question Paper Septe
- Hi experts needed some help
- Gift of Immovable Property u/s 92 of Income Tax Ac
- NSE BSE Pre-open session changes from 7 September
- Financial statements for non corporate entities
Related Topics :
CAclubindia
