3 replies on this article “Do I need to show profit from SIP in equity mutual fund while filling ITR form?”

1. ashalanshu says:

   February 1, 2014 at 10:26 am

   Dear Nilesh, it’s section 111A.

   Thanks

   Ashal

   Reply
2. ashalanshu says:

   January 31, 2014 at 4:16 pm

   Dear Nilesh, the profits from eq. MFs are short term capital gains and you need to pay 15.45% tax on your profit.

   For you STCG = actual redemption amount into your bank account – actual invested amount

   Thanks

   Ashal

   Reply
   1. Mr.Nilesh says:

      January 31, 2014 at 8:00 pm

      thanks for the reply.
      where should i mention it?there are two options-
      1.Covered under section 111A
      2.other than Covered under section 111A

      Reply

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