Head of Taxation

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47 Points Posted on 21 September 2022
Income from units of Investment Fund
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On 21 September 2022 at 17:19 Report
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This discussion clarifies how income from investment funds is taxed. While often considered capital gains, it's not always the case. For instance, income from hybrid funds or ULIPs may be classified as 'income from other sources' and might not be taxable as capital gains.

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SEO Sai Gr. Hosp.
212453 Points Posted on 21 September 2022

Generally....         CAPITAL GAINS .............

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On 21 September 2022 at 17:26
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12 Points Posted on 21 September 2022
There are main 5 head of taxation
Income from salary
income from house property
income from business and profession
income from capital gain
income from other sources
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On 21 September 2022 at 18:42
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CFO- at NHTF
58280 Points Posted on 21 September 2022
If you are an investor then it is Capital Gain and if your in business related stock market then it is business income
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On 21 September 2022 at 19:41
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Profession Business
28246 Points Posted on 22 September 2022
No not necessarily. If the assesse has invested in hybrid funds of ulip then its not a capital gain. It's shown as income from ulip not taxable.
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On 22 September 2022 at 07:55

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