KINDLY LET ME KNOW WHERE TO SHOW LONG TERM CAPITAL GAINS(WITHOUT INDEXATION) PURCHASED IN 2020 AND SWITCHED OUT IN SEPT 2024. AS THEY ARE EQUITY THEY CANNOT BE SHOWN IN SALE OF EQUITY FUNDS
THANS IN ADVANCE
4 Replies
Manjunath Sowmya
(lawyer )
(22 Points)
Replied 22 July 2025
THE SOLD UNITS ARE IN DEBT FUNDS (AND NOT EQUITY )HELD FOR MORE THAN 3 YEARS PURCHASED IN 2020 SOLD AFTER JULY 2024 AND HENCE QUALIFY FOR LTCG WITHOUT INDEXATION TAXABLE AT 12.5%
Manjunath Sowmya
(lawyer )
(22 Points)
Replied 22 July 2025
SORRY , THIS IS AN EDIT
THE SOLD FUNDS ARE NOT EQUITY, BUT DEBT FUND
sabyasachi mukherjee
(27864 Points)
Replied 22 July 2025
Negate interest cost on debt fund visavis Long term capital gain.
sabyasachi mukherjee
(27864 Points)
Replied 22 July 2025
Negate interest cost on debt fund visavis Long term capital gain.
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