Tax Q&A

Long Term Capital Gains

A simple concise guide on how to minimize the tax liability on your long-term capital gains

I purchased units of a Mutual Fund in 1998. On 24/03/1999, bonus issue was announced and for each unit held; I was allotted one bonus unit. Recently, I redeemed all the units and want to compute long-term capital gain tax on both original units as well as bonus units. I understand that there are two options, which I c

This article was originally published on December 05, 2002.


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