Is the Interest on short-term maket-linked debentures, held in my D-mat account, considered Capital Gain or Income under "Other Source", for taxation purposes ??
Thanks.
2 Replies
divya gupta
(trainee)
(30 Points)
Replied 31 August 2020
It will be taxed as Capital gain, if sold after a year short term @ 10% if sold in more than 3 years long term gain for taxation @ 20%
ashok oza
(274 Points)
Replied 31 August 2020
Thanks.
Also, Does it Mean, this CG can be set off against CG losses from previous years ??
Also, Does it Mean, this CG can be set off against CG losses from previous years ??
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