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Capital Gain

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(Querist)
03 September 2010 If a Company issues Shares or Debenture at discount and Redeems it, at premium after 10 years then the difference is treated as Long term Capital Loss..?
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Aditya Maheshwari

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Aditya Maheshwari (Expert)
03 September 2010 yes
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CA.Pravinchandra

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CA.Pravinchandra (Querist)
03 September 2010 Sir my doubt is whether difference between Face value and redeemable value has to taken into account or entire difference.?
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Aditya Maheshwari

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Aditya Maheshwari (Expert)
03 September 2010 sales - cost is considered as gains. It has nothing to do with face value.

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