What would be tax treatment of long term capital gains on redemption of mutual funds (STT paid) by society registered u/s 12AA? Will it be exempt u/s 10(38)?
Menu
Long term capital on sale of mutual funds by society registered u/s 12aa
Replies (2)
| Originally posted by : shalini | ||
 |
What would be tax treatment of long term capital gains on redemption of mutual funds (STT paid) by society registered u/s 12AA? Will it be exempt u/s 10(38)? |  |
Exempt if equity oriented fund upto 31st March-18
Thank You Sir for the reply.
Recent Threads
- Form 16 format
- 17(5) Blocked ITC
- Transfer of equity shares to original owner
- Login credentials and payment acknowledgement not
- Export sales not realised payment not received fro
- Capital gain account amount utilisation
- Form 26QB – Section 194-IA: TDS on Full Cons
- Indexation Benefit available or not on Calculation
- Documents for return exhibition material
- Can I set off equity losses(both short term loss a
Related Threads
CAclubindia
