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
16 June 2024
It will be long term capital gains.
Message likes :
1 times
30 August 2024
Good luck.
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
Similar Resolved Queries
Unanswered Queries
- TDS on Consultancy- Non DTAA
- ADVANCE PAYMENT OF ADVOCATE
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
- Depreciation of fixed assets- coop housing society in mumbai
- DIN reactivation
- UNWANTED CREDIT BALANCE OF GST AS PER BOOKS
- Query – TDS on purchase of land from NRI under Income-tax Act, 2025
- Eway bill generation from place other than registeted
- TDS Return Q1 FY 2026-27
- GST rate and HSN code for sale of racing horses
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- STATUTORY AUDIT OF A SMALL PRIVATE COMPANY INCORPORATED ON 28.03.2025
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
- How to pay remaining amount of TDS after due date?
- Resigning a auditor from the company for misconduct
- RCM @ 5% on Hamali charges, Transport Charges, Unloading charges we take ITC or not
- CALCULATION OF DEFFERED TAX - OP BL IS DTL & CURRET IT DTA
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
