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Income Distributed by a Fund Other Than a Money Market

Question 24

Multiple Choice

Income distributed by a fund other than a money market mutual fund or a liquid fund to an individual or HUF is subject to CDT at the rate of


A) 12.5% + Surcharge 10% + 4 % HEC
B) 15% + Surcharge 10% + 4 % HEC
C) 20% + Surcharge 10% + 4 % HEC
D) 25% + Surcharge 10% + 4 % HEC

Correct Answer:

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