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Capital gain or interest

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Querist : Anonymous

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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
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CS,CA F,Numrologi TusharSampat

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CS,CA F,Numrologi TusharSampat (Expert)
12 June 2014 the ans is yes it will be capital gain ..............
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Querist : Anonymous

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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
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CS,CA F,Numrologi TusharSampat

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CS,CA F,Numrologi TusharSampat (Expert)
31 March 2015 what different ans have u got and by whom kindly post the link for same.
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