Confused if my redeemed about is taxable or non-taxable ?

POSTED BY nicsrivastava ON July 8, 2014 7:40 pm COMMENTS (2)


1. I have redeemed one of my mutual fund investment (inception date – 12/01/2010) on 3-Apr-13. The amount is 28184.93
2. Also I have got dividend from another mutual fund investment on 13-Mar-2014. The amount is 2998.12
3. I had an ULIP policy with inception date as 28 sep-2009. I have paid this regularly with last payment in sep 2012. I have surrendered the policy on 23/08/2013. Minimum term for policy payment was 3 years. The amount received was 95,679.34
I want to know for 1st and 3rd point – where should I mention this amount. Whether this will be taxable amount oo non taxable amount?

2 replies on this article “Confused if my redeemed about is taxable or non-taxable ?”

  1. Hemanth Chandra says:

    The profit will come under capital gains and it is taxable as per the type of funds…. equity or debt

  2. Hemanth Chandra says:

    Amount will be taxable and you have to file under capital gains

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