Could anybody please clarify whether Any Income from Mutual Fund is exepmt under Section 10(35)?
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Income tax
Replies (2)
Yes, section 10(35) states any income from Mutual funds. So any income is exempt
Any income in respect of units of Mutual funds are exempt except capital gain.
/forum/mutual-funds-and-sec-10-35--101005.asp#.UpwjYuK9SzA
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