Taxability on monthly amount received as redemption

Share
Share This Thread
  1. Dear Sir,
    I have invested Ra. 6.00 lakh in SBI MF Balance Growth fund (Regular Plan) and Earning
    Rs. 4800/- per month as redemption of NAV.I am a senior citizen. Kindly advice whether this monthly income is taxable or not?

    With regards

    Shailendra Kumar Sharma
     
Draft saved Draft deleted
Loading...
Similar Threads Forum Date
Taxability of Commission Income earned by Transport Owner other than TDS Income Tax Nov 7, 2017
Taxability of Family Pension Income Tax Jul 16, 2017
Taxability of LIC Policy's Maturity Amount Income Tax Jun 23, 2017
Taxability of Dividend in the hands of Shareholder Income Tax Mar 15, 2017
Taxability of Wedding Gifts - Different dates of Legal and Religious Marriage Income Tax Dec 11, 2016