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My withdrawal

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194 Points Posted on 20 November 2021
Mr. A invest in Mitual Fund since 2009 he withdraw Rs 2500000 on 25th March, 2021.

How to show tax calculation?
Last year he has filled ITR 4 as he is self employed person & showing his income under 44Ad.
In current A. Y. 2021-22 which ITR he need to file?
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On 20 November 2021 at 17:51 Report
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SEO Sai Gr. Hosp.
211715 Points Posted on 20 November 2021

File ITR 3.

Declare the LT capital gain of Equity MF under 'Schedule 112A'.

For othe CG LT/ST, Fill 'Schedule CG'

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On 20 November 2021 at 19:10
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194 Points Posted on 20 November 2021
Thanks. Let me know LTCG at flat rate @ 20% on 2500000
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On 20 November 2021 at 20:04
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Chartered Accountant
24588 Points Posted on 21 November 2021
ITR 3 under Capital gains
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On 21 November 2021 at 05:46
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SEO Sai Gr. Hosp.
211715 Points Posted on 21 November 2021

Why 20 @ flat rate?

Is it non-equity based investment?

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On 21 November 2021 at 10:59
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194 Points Posted on 22 November 2021
Thank you very much.
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On 22 November 2021 at 22:43


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