Hi Team
I purchased Debt Mutual Fund in Sep’21 and sold in Feb’25
What is the income tax on this and how should i report the income generated. When i download statement from broker, i am getting below three values
- Purchase Price
- Grandfathered Nav
- Redeem Price
How should i calculate income from above valuyes and where and how should i report this in ITR2
Please let me know on above
Calculate Capital Gain Tax be deducting purchase prize from Reedem prize. It will betaxed @ 12.5% without indexation benefit. ( Grandfathering is not applicable )
For reporting of Debt Mutual Fund in ITR , read article dated 29.07.2025 on Tax Guru" Debt Mutual Funds - Taxation & Reporting in ITR "
Debt Mutual Funds: Taxation & Reporting In ITR-2.
@Diti_Savalia : Would request your guidance here