Sale of mutual fund units is taxable
suman (hyd) (39 Points)
26 September 2016
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(160342 Points)
Replied 26 September 2016
If the units were equity based, then no tax liability; otherwise capital gain tax after indexation.
CA Harshal Totla
(Chartered Accountant)
(2229 Points)
Replied 26 September 2016
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