Edel Weiss
This query is : Open
30 August 2021
Bonds of EdelWeiss Finvest Pvt Ltd w/o STT held for long term period will attract Long Term Capital Gains Tax @ which rate ?
30 August 2021
Generally, such bonds, when held for 3 years or more; LTCG charged @ 20% without indexation.
30 August 2021
Under Capital Gains there are following headings
1 Land or building or both
2 Equity share or unit of equity oriented Mutual Fund (MF) or unit of a business trust on which STT is paid under section 111A or 115AD(1)(ii) proviso (for FII)
3 Equity share in a company or unit of equity oriented fund or unit of a business trust on which STT is paid under section 112AImage is not available
4 Bonds or debenture (other than capital indexed bonds issued by Government)Image is not available
5 From sale of, (i)Listed securities (other than a unit) or zero coupon bonds where proviso under section 112(1) is applicable (ii) GDR of an Indian company referred in sec. 115ACA
6 From sale of assets other than all the above listed items
7 Amount deemed to be Short Term/ Long Term Capital Gains
8 Pass through income/ Loss in the nature of Short Term/ Long Term Capital Gains
9 Amount of Short Term/ Long Term Capital Gains included in the above items but not chargeable to tax in India as per DTAA
My question is these bonds taxable @ 20% with indexation benefits will be shown under which above head
1 Land or building or both
2 Equity share or unit of equity oriented Mutual Fund (MF) or unit of a business trust on which STT is paid under section 111A or 115AD(1)(ii) proviso (for FII)
3 Equity share in a company or unit of equity oriented fund or unit of a business trust on which STT is paid under section 112AImage is not available
4 Bonds or debenture (other than capital indexed bonds issued by Government)Image is not available
5 From sale of, (i)Listed securities (other than a unit) or zero coupon bonds where proviso under section 112(1) is applicable (ii) GDR of an Indian company referred in sec. 115ACA
6 From sale of assets other than all the above listed items
7 Amount deemed to be Short Term/ Long Term Capital Gains
8 Pass through income/ Loss in the nature of Short Term/ Long Term Capital Gains
9 Amount of Short Term/ Long Term Capital Gains included in the above items but not chargeable to tax in India as per DTAA
My question is these bonds taxable @ 20% with indexation benefits will be shown under which above head
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Unanswered Queries
- Claiming exemption of perquisite for employee-owned car under New Tax Regime in ITR-2
- Under construction property in ITR
- Pass word to open justification report for Q1 for FY 2026-27
- PPF interest-As Exempt Income disclosure
- Gift of mutual fund units to daughter
- Building tax payment deduction in rental Income
- Upload Level ValidationITR3Category of Defect B/D
- Not able to file ITR
- Reporting of STCG on Property in ITR
- Foreign inward in ITR
- PF Taxable Income
- Clarification on Tax Audit Applicability and Reporting of F&O Transactions in ITR-3
- Interest credited in FY2025-2026 & TDS therein by EPFO does not reflect in AIS or Form 26AS
- 44ad eligble money lending interest
- Delisted shares sold in off market/ Rebate u/s87A
- In Exports Sales HSN details where to fill
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- Difference in tax comparison report
- Gst invoice numbering and delivery challan numbering
- Sales amount in Gstr1
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
