Capital gain or interest
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
12 June 2014
In case of NCD purchased from secondary market,the gain arising on redemption,will it be taxed under interest or as capital gain
12 June 2014
the ans is yes it will be capital gain ..............
Querist : Anonymous
Querist :
Anonymous
(Querist)
28 March 2015
There are different opinions is this answer correct
One chartered accountant says that the capital gain is allowed only when ncd are sold in market and not if kept till redemption
One chartered accountant says that the capital gain is allowed only when ncd are sold in market and not if kept till redemption
31 March 2015
what different ans have u got and by whom kindly post the link for same.
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