Indexation benifit

Anooj (Chartered Accountant) (2130 Points)

02 March 2012

Are bonds eligible for indexation benefit?

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3 Replies

C.A. M.Com. Suhas A. Nagpure (CA) (1175 Points)
Replied 02 March 2012

Please specify the bond name..........

CA SOURAV KUMAR GANDHI (B.com (H), CA ) (133 Points)
Replied 08 March 2012

As per fourth proviso to section 48, bonds and debentures are not eligible for indexation benefit, except CAPITAL INDEXED BONDS

CA SACHIN VIJ (Chartered Accountant) (112 Points)
Replied 13 March 2012

It depends

As per fourth proviso to section 48, bonds and debentures are not eligible for indexation benefit, except CAPITAL INDEXED BONDS

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