Top 5 posts in the past One Year
Here are the top 5 posts – as per number of Readers who read them…just in case you missed them…
http://www.subramoney.com/2012/08/children-in-parents-ego-emi-traps/
http://www.subramoney.com/2013/06/advise-to-boys-before-they-marry/
http://www.subramoney.com/2013/03/debt-fund-vs-fixed-deposits/
http://www.subramoney.com/book-written-by-me/
http://www.subramoney.com/2013/09/so-you-want-to-buy-a-house/
Santhanam
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. 🙂
subra
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