Gold deposit bond

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bijay (Querist)
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24 August 2014 gold deposit bond is short term capital gain why?

Nikhil Kaushik (Expert)
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24 August 2014 there is no capital gain tax on gold deposit bond as it is not considered as capital asset. Please refer clause (vi) of section 2(14)

CS,CA F,Numrologi TusharSampat (Expert)
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11 September 2014 yes agreed with the reply....................

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