WHAT WILL BE THE TRAEATMENT OF APPRECIATION / DEFICIT ON SWITCHOVER OF MUTUAL FUND UNITS FROM ONE SCHEME TO ANOTHER IN THE SAME MUTUAL FUND HOUSE WITHIN A PERIOD OF 12 MONTHS AND AFTER 36 MONTHS UNDER THE PROVISIONS OF INCOME TAX ACT,1961
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Tax on mutual fund units
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Dear Mr. Benarjee
if you switchover any equity or MF it means you sold old ones and buy new ones
hence it should be STCG or LTCG
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