Short Term Or Long Term Tax on Corporate Bonds held for more than 3 years
This query is : Resolved
Quick Summary
16 June 2024
Hi
I held Corporate Bonds of Public Limited Company for more than 3 years , which were redeemed by company during FY 2023-24
Whether profit on this transaction fall under Short Term Capital Gains or Long term Capital Gains
I held Corporate Bonds of Public Limited Company for more than 3 years , which were redeemed by company during FY 2023-24
Whether profit on this transaction fall under Short Term Capital Gains or Long term Capital Gains
Dhirajlal Rambhia
(Expert)
16 June 2024
It will be long term capital gains.
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Dhirajlal Rambhia
(Expert)
30 August 2024
Good luck.
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