Is the amount received on the maturity of the Mutual Fund liable to Capital Gain Tax?
Is the amount received on the maturity of the Mutual Fund liable to Capital Gain Tax?
yes but if the period is more than 1 year than its exempt
Thanx Ashish
But if the money is invested in Debt Based Funds not in Equity Fund then what will be the position for the long term Maturity amt.?
Gupta Sachdeva & Co. Chartered Accountants
New Delhi
CA Final
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