30 August 2021
Under Capital Gains there are following headings 1 Land or building or both 2 Equity share or unit of equity oriented Mutual Fund (MF) or unit of a business trust on which STT is paid under section 111A or 115AD(1)(ii) proviso (for FII) 3 Equity share in a company or unit of equity oriented fund or unit of a business trust on which STT is paid under section 112AImage is not available 4 Bonds or debenture (other than capital indexed bonds issued by Government)Image is not available 5 From sale of, (i)Listed securities (other than a unit) or zero coupon bonds where proviso under section 112(1) is applicable (ii) GDR of an Indian company referred in sec. 115ACA 6 From sale of assets other than all the above listed items 7 Amount deemed to be Short Term/ Long Term Capital Gains 8 Pass through income/ Loss in the nature of Short Term/ Long Term Capital Gains 9 Amount of Short Term/ Long Term Capital Gains included in the above items but not chargeable to tax in India as per DTAA
My question is these bonds taxable @ 20% with indexation benefits will be shown under which above head
CAclubindia
