Head of Taxation

Income from units of Investment Fund
Replies (4)
Quick Summary
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.

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

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
If you are an investor then it is Capital Gain and if your in business related stock market then it is business income
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.

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
ARTICLESHIP 17 October 2026
Articled Assistant

RRPM & Associates LLP

Chennai

CA Inter

View Details
Company
ARTICLESHIP 07 November 2026
Article Assisstant

DPV & Associates

Chennai

CA Inter

View Details
Company
13 November 2026
Chartered Accountant - Fresher

Neeraj Bhagat & Co

New Delhi

CA

View Details
Company
ARTICLESHIP 14 November 2026
Article Assistant

Jitendra Agarwal & Associates

Bengaluru

CA Inter

View Details
Company
ARTICLESHIP 22 October 2026
Articleship intern

Srinath Manikanta

Hyderabad

CA Inter

View Details
Company
Featured ARTICLESHIP 28 October 2026
CA- Inter and Articles

N N V Satish & Co.,

Hyderabad

CA Inter

View Details
Company
10 November 2026
FP&A Executive

Gujarat Guardian

Ankleshwar

CA Final

View Details
Company
19 October 2026
Accountant

Jari Saree Center

New Delhi

Others

View Details