n NISM Certifications
NSM General NISM
Medium

In case of capital gains from mutual fund investments, Tax Deduction at Source (TDS)is applicable for:_____

Practice question from TAXATION Test — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    Minor through guardian

  2. Non-Resident Indians(NRIs)

    Correct answer

  3. C

    All investors, who have invested more than Rs. 5 lacs

  4. D

    TDS is not applicable in case of mutual funds

A full explanation for this question is being written. In the meantime, the correct answer is highlighted above.

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