Mutual funds capital gains
Bhavika Tourani (156 Points)
08 July 2022
is switch in or switch out from one scheme of mutual fund to another scheme treated as capital gains?
Bhavika Tourani (156 Points)
08 July 2022
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(160442 Points)
Replied 08 July 2022
Yes, it is equivalent to 'Redemption with new purchase'
CA Puja Sharma
(Chartered Accountant)
(4874 Points)
Replied 08 July 2022
Yes, it will be treated as capital gain.
CA Rashmi Gandhi
(Chartered Accountant)
(86275 Points)
Replied 10 July 2022
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