Get Even More Visitors To Your Blog, Upgrade To A Business Listing >>

Taxation of Bonds and Debentures

Balwant Jain Any profit made on sale of an investment generally referred to as Capital asset under the income tax laws becomes taxable as short term or long term capital gains depending on the holding period of such asset. Different holding periods, ranging from 12 months to 36 months, are prescribed for different class of assets to qualify as long term capital asset. Long term capital gains...

[[ This is a content summary only. Visit my website for full links, other content, and more! ]]



This post first appeared on SIMPLE TAX INDIA, please read the originial post: here

Share the post

Taxation of Bonds and Debentures

×

Subscribe to Simple Tax India

Get updates delivered right to your inbox!

Thank you for your subscription

×