hi friends
i have a query regarding ulip bonus units.
i want 2 know whether the bonus units allotted in ULIP sheme is taxable or not on maturity.
if yes, under which section and by which rate.
pls rply soon
Menu
ulip
Replies (1)
yes it is taxable as normal capital gain
cost of bonus units will be nil
Recent Topic
- Provident fund taxation
- ITR3 AY 26-27 Error in filling status
- Queries on TDS as per IT
- Capital Gains set off on Sale of Land if held for
- ITR Form for income from freelance consultancy
- Gst rate for HSN code 28530010
- Health Insurance
- India GST Mobile App
- Reporting STCG on non equity oriented MF
- Section 54F exemption for buying a plot
Related Topics
CAclubindia
