IT on returns in long term infrastructure bond

Tax queries 87 views 1 replies

Sir, I received rs 41120  after 10 yrs investment of 10000 in L&T infrastructure bond . 

Is Rs 21120 is chargeable as Long term capital gain or just income as interest added to income?

Replies (1)

When hold for 5 years or more, the gain is long term capital gain. Read the attached catalog.


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register