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Reporting of capital gain - NCDs not recoverable

This query is : Resolved 

04 July 2022 Dear Sir / Madam,

Mr A had invested in NCDs of reputed NBFC which is now matured but not recoverable as the matter is with the court. The due date is already over and maturity amount is not received. The purchase cost was Rs. 25000/- and Maturity amount is Rs. 33400/-.

Is it required to be shown under capital gain even though no maturity amount is received? how to treat this in ITR?

Kindly guide
Regards,
Suraj

05 July 2022 Report this in ITR when the amount is received.

05 July 2022 I also thought similar & felt logical. Thank You Sir !!!




05 July 2022 You are welcome..........



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