long term capital gain of bonds
This query is : Resolved
10 February 2010
i had invested in icici bond three years before for rs.10000/-
now bonds have been matured and value is rs.18000/-
whether long term capital gain on bonds is taxable or not?
if yes
then indexation is applicable or not ?
now bonds have been matured and value is rs.18000/-
whether long term capital gain on bonds is taxable or not?
if yes
then indexation is applicable or not ?
11 February 2010
Yes, LTCG will be taxable and benefit of indexation will not be available.
Regards!!!
Regards!!!
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