LTCG should i pay or amc pay?

Generally, no LTCG tax is due to the AMC (Asset Management Company). The AMC merely pays out the redemption value of your mutual fund shares and deposits the money to your bank account. It will give a capital gains statement, but it is your responsibility to calculate, report and pay any Long-Term Capital Gains (LTCG) Tax due on the profits when you file your Income Tax Return or advance tax as applicable.

In the case of redemption of equity mutual funds or listed shares, the AMC/brokers usually do not withhold LTCG tax at source for the resident investors. The capital gains statement should be reviewed, the exemption limit and tax rate applied, and the tax liability discharged.