I have two quarries :-1
1. Interest earns from SGB - Is it taxable or Exempted from Tax
2. Does Long term Capital applicable on redemption of SGB after complete tenure of 8 yrs ?
Dip Narayan (Deputy Manager) (772 Points)
20 October 2022I have two quarries :-1
1. Interest earns from SGB - Is it taxable or Exempted from Tax
2. Does Long term Capital applicable on redemption of SGB after complete tenure of 8 yrs ?
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(182793 Points)
Replied 20 October 2022
1. Taxable..
2. To capital gain tax on redemption, as it is exempted.
25 Hours GST Scrutiny of Return and Notice Handling(With Recording)