Regarding showing of maturity of SGB after 8years

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This discussion clarifies how to report the maturity of Sovereign Gold Bonds (SGBs) in your ITR-4 tax return. The interest earned on SGBs is taxable under 'income from other sources'. However, the total maturity amount, including the principal and any capital gains, is tax-free if the bond is held until maturity. The user is specifically asking if the entire maturity amount should be shown as exempt income.

Amitabha Das

Amitabha Das (Querist)
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15 April 2023 Sir,where and how to show maturity amount of SGB(Sovereign Gold Bond) after its maturity in ITR-4?Thanks in advance🙏🙏🙏🙏

Rahul varshney

Rahul varshney (Expert)
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15 April 2023 The interest portion is taxable under the head "income from other source", while the capital gain is tax-free provided the bond is held till maturity.

Amitabha Das

Amitabha Das (Querist)
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15 April 2023 Actually sir I want to know that after maturity of SGB is it(total maturity amount)to be shown as exempt income??🙏🙏🙏🙏🙏🙏

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