tax ability of Ncd And tax Free bonds
Yogesh Patel (31 Points)
20 May 2019
taxation on sale or maturity of Ncds or tax free bonds
Yogesh Patel (31 Points)
20 May 2019
Prakash Pant
(owner)
(312 Points)
Replied 20 May 2019
Interest over NCDB is taxable, but not over tax free bonds.
Yogesh Patel
(31 Points)
Replied 22 May 2019
Ritesh Asare
(Practice)
(322 Points)
Replied 22 May 2019
Yes, taxable for capital gains, LT/ST depending upon holding period.
Analysis of 20 GST Notices (including 2 Appeals) and Practise on Drafting(with recording)
CAclubindia
