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Capital gain

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Querist : Anonymous

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Querist : Anonymous (Querist)
29 June 2018 Since second proviso of section 48 not applicble on sale of debenture being held as capital asset. My question is how do we compute capital gain on such debenture. is benefit of indexation available?
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Bhaskaran Chackrapani Warrier

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Bhaskaran Chackrapani Warrier (Expert)
29 June 2018 Cost inflation indexation is not applicable for debentures.

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