Section 73: mututal Fund Units not Covered !

0
494
Print Friendly, PDF & Email

While it is clear that Explanation to Section 73 is applicable on shares of a company and units purchase and sale does not come within its purview, there can be sepculative trade in case of mutual fund units u/s 43(5) and if any loss arises from such trades in iunits, it can not be adjusted…

This content is for Monthly, annual and Semi Annual members only.
Log In Register