Hi everybody ,my doubt is whether indexation is available for 6.75% taxfree US64 Bonds ? Urgent Please Reply ASAP
Replies (2)
Guest
Hi Santhosh,
Indexation benefit is not available on any Bond or debenture other then capital index bond issued by Cent. Govt. So, US 64 bond are not eligible for indexation benefit. Transfer of US64 is not taxable u/s 10(33).