Pagination Scroll

Equity Mutual Funds...
Regarding STCG tax, can I deduct exit load(1%) charged by mutual fund to calculate gains?
  • Show Placeholder
  • Hide Discussion
Amlan Dutta
The money you receive from the fund house (redemption proceeds) has already deducted the exit load. So, you cannot treat it as a loss and deduct the amount from your gains once again while filing your ITR.
  • July 21, 2018
  • ·
  • Like
  • ·
  • Select as Answer