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RE:Capital gain MF Div reinvest
by Amitabh on May 25, 2007 10:08 AM

There will be no capital gain tax liability in either case.The dividend is tax free in the hands of investor and the units have been sold more than a year after they were bought.Long term capital again on sale of equity shares/equity oriented units is exempt from tax.

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All these incomes are tax-free