Easy Office
LCI Learning

Capital Gain tax

This query is : Resolved 
Profile Image

Profile Image

(Querist)
25 June 2008 Please clarify whether the redemption amount of 6.75% tax free us 64 bonds atract capital gain tax
Profile Image

Shekar

Profile Image

Shekar (Expert)
25 June 2008 Under section 10(33),any income arising from transfer of capital asset,being a unit of US 64 is exempt from tax provided where the transfer of such takes place on or after 1st April,2002..

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


CCI Pro
Live Budget News and Updates

Trending Online Classes

view all classess
Let's Talk Money: You've Worked Hard for It, Now Make It Work for You
Click here for more bestsellers


Answer Query



Quick Links