Income-tax Act, 1961
Section - 50AA - Special provision for computation of capital gains in case of Market Linked Debenture
50[Special provision for computation of capital gains in case of Market Linked Debenture.50AA. 51[Notwithstanding anything contained in clause (42A) of section 2 or section 48, where the capital asset-
the full value of consideration received or accruing as a result of the transfer or redemption or maturity of such debenture or unit or bond as reduced by-
| (a) | - | is a unit of a Specified Mutual Fund acquired on or after the 1st day of April, 2023 or a Market Linked Debenture; or |
| (b) | - | is an unlisted bond or an unlisted debenture which is transferred or redeemed or matures on or after the 23rd day of July, 2024, |
| (i) | - | the cost of acquisition of the debenture or unit or bond; and |
| (ii) | - | Google Play store
24 October 2026
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