Indexation benifit
Anooj (Chartered Accountant) (2130 Points)
02 March 2012
Are bonds eligible for indexation benefit?
3 Replies
C.A. M.Com. Suhas A. Nagpure
(CA)
(1175 Points)
Replied 02 March 2012
No
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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