Capital Gain tax

This query is : Resolved 

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

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

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries