POSTED BY March 6, 2013 6:13 pm COMMENTS (6)ON
I had purchased some units of Kotak Mid Cap fund through SIP in April 2010 to March 2012 and accumelated 1564.736 units. In between I moved value worth 1000 units to Kotak Gold Fund and purchsed 1812.36 unit (Valued Rs.23582) in Nov 2011. Balance units that were in my Kotak Mid cap account (564.736) were redeemed in Dec 12 and all units in Kotak Gold Fund were also redeemed at the same time.
How do I compute the short and long term gain on the same for the purpose of income tax.
Looking forward to your help.