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  1. Subraji,

    I have a debt fund with X amount. I start an SIP for Y amount monthly from the Debt fund to Equity Fund. Once the SIP is over and the mandatory 1 year for the purpose of capital gain in Equity fund is over, i sell the Equity fund. In this case, is there any tax liability ?.

    Am i making life of my CA bit tougher ?

    Please tell me. 🙂

  2. one year is from the date of investment INTO the equity fund…and each sip instalment will be considered as a separate investment.

    the fund house will calculate the cap gains for u

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