Taxation of Rupee Denominated Bonds.
Yash soni (...) (74 Points)
13 August 2019
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(177736 Points)
Replied 13 August 2019
CBDT has clarified that gains arising in case of appreciation of rupee between the date of issue and the date of redemption against the foreign currency, in which the investment is made, would be exempted from capital gains tax.