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Equity Mutual Funds...
Regarding STCG tax, can I deduct exit load(1%) charged by mutual fund to calculate gains?
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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
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