ICICI BHARAT 22 FOF AND NASDAQ 100 FOF CAP GAIN TAX

494 views 2 replies

I want to know the capital gain tax applicable for FY 2024 25 for sale of ICICI BHARAT 22 FOF AND NASDAQ 100 FOF both purchased in March 2024 and 15 JULY 2025 and sold within MARCH 2025 within 365 days.

Replies (2)

Both ICICI Bharat 22 FOF and NASDAQ 100 FOF are treated as non-equity mutual funds.
Since you’re selling within 365 days, the profit will be Short Term Capital Gain (STCG) and taxed at your applicable income tax slab rate for FY 2024-25 (no indexation).

If you want an exact calculation or tax-saving plan, you can use LegalDev’s Online CA Services – we handle such capital gains cases end-to-end so you don’t miss any deductions or exemptions.

Thks for your reply Sir.  One more query.  In ITR2 in which schedule it can be shown and in what section of STCG sir?


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
ARTICLESHIP 27 May 2026
CA Article Trainee

Rahul Dang & Associates-Chartered Accountants

Pune

CA Inter

View Details
Company
10 June 2026
Senior Account Executive

JDS Advisory LLP

Ahmedabad

CA Inter

View Details
Company
26 May 2026
CA / MBA (Finance) / CMA / M.Com (Finance)

Sri Aurobindo Gnostic Centre of Education

New Delhi

CA

View Details
Company
ARTICLESHIP 04 June 2026
Article

Rakhecha & Co.

New Delhi

CA Inter

View Details
Company
26 May 2026
Audit executive

vdsr & co LLP

Chennai

CA Inter

View Details
Company
29 May 2026
Accounts assistant

Shubh Consultancy

Mumbai

Graduate (Any)

View Details
Company
ARTICLESHIP 31 May 2026
Article Assistant

KPRS And Associates

New Delhi

CA Inter

View Details
Company
22 June 2026
Accountant

Global Image Technologies Private Limited

New Delhi

MBA

View Details