Do any one know that is there any Capital Gain is Attracted if An individual Transfer his MF from one Scheme to Another Scheme in Same company within one Year.
Do any one know that is there any Capital Gain is Attracted if An individual Transfer his MF from one Scheme to Another Scheme in Same company within one Year.
| Originally posted by :Man | ||
| " | Do any one know that is there any Capital Gain is Attracted if An individual Transfer his MF from one Scheme to Another Scheme in Same company within one Year. |
" |
yes it.
It depends on whether it is EOF or debt oriented scheme.. Further, the period of holding is also important..
Pavan Jain is right !! It depends on the tenure and structure of scheme
Yes it is taxable because, exchange of an asset is considered as Transfer as defined under the act
Period of holding is also imp to consider it as STCG or LTCG
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