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Capital gains are two types short and long
True
False
Short term for equity funds is 1 year
True
False
Long term for non equity funds is 2 years
True
False
STT is applicable for debt funds
True
False
Stamp duty is applicable for redemptions
True
False
GST is not applicable for commission paid to distributor
True
False
TDS of 20% is applicable for capital gains of Residential Investors
True
False
TDS if pan not available for resident individual for IDCW is 5%
True
False
NAV will be deducted to the extent of dividend paid
True
False
Full form of TDS
Tax Deduction at source
Tax Done by system
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