Menu
Taxation of Mutual Fund
I have purchased mutual funds 3 yrs ago, and at the end of each year i was showing them at NAV on 31st march. This year i sold the mutual fund and calculated the capital gain as the diff b/w sale amount and Nav as on 31 march 2018. Is this treatment correct ?
Replies (1)
No.
As the difference of amount or gain not taxed each year; so offer it based on purchased NAV.
Recent Topics :
- Discrepancy in Auto populated figures in GSTR1 of
- What should I do after receiving a GST Show Cause
- Discuss and Download CA Inter Question Paper Septe
- Hi experts needed some help
- Gift of Immovable Property u/s 92 of Income Tax Ac
- NSE BSE Pre-open session changes from 7 September
- Financial statements for non corporate entities
- Hi experts need some help
- Is SAP FICO a good career option for finance and a
- Direct Cost booking
Related Topics :
CAclubindia
