banner_ad

Capital gain problem

This query is : Resolved 
Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
08 May 2013 Can anybody tell me ,why debentures are not indexed in capital gain.
Profile Image

Pankaj Gupta

Profile Image

Pankaj Gupta (Expert)
08 May 2013 To understand this you must first see why other things are indexed??

Shares, land, building etc are indexed in order to derive their present value, ie after considering inflation etc. Their present market value is always different then their acquisition value.


While it is not the case with debentures. Their value don't change over their life. For eg if a debenture was issued for Rs 1000 each 5 years ago, its present market value will be the same today and even in future. Hence they are not indexed.


Hope I solved your query...
Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
08 May 2013 Yea you have clear all my doubts,by giving example.
Profile Image

C A S.S.Agarwal, M.Com.,LL.B,

Profile Image

C A S.S.Agarwal, M.Com.,LL.B, (Expert)
23 June 2013 Yes I agree with the expert
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
Join CAclubindia WhatsApp Finance Community & stay updated with the latest TAX news, compliance alerts and important updates all in one place!


Similar Resolved Queries


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news



Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
29 May 2026
Finance Head

Bhawar Sales Corporation

Chennai

Graduate (Any)

View Details
Company
29 May 2026
Company Secretary - Part time

Shaswat initial support private limited

Ahmedabad

CS

View Details
Company
23 May 2026
Account Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
14 May 2026
Senior Associate

ABHISHEK SHANKAR AGARWAL & ASSOCIATES

Kolkata

CA

View Details
Company
ARTICLESHIP 27 May 2026
CA Article Trainee

Rahul Dang & Associates-Chartered Accountants

Pune

CA Inter

View Details
Company
09 June 2026
Accounts Associate

S Madan and CO

New Delhi

Graduate (Any)

View Details
Company
04 June 2026
Semi Qualified CA

Goyal Puneet & Associates

New Delhi

CA Final

View Details
Company
23 May 2026
Article Assistant

Geeta Manchanda & CO.

New Delhi

CA Inter

View Details