Please help me out on bond washing transaction

Hello

Can anyone please let me know that what excalty the Bond Washing Transaction is?

Meaning of the same i know but i need to know practically with eg.

 

Thanks 

 

Replies (2)
Dhruvi, Bonds are fixed income instruments and in this type of transaaction, the bonds are sold off just before the due date for the payment of the interest. they are usually sold to a close friend or a relative and then they are re-acquired once the interest is paid. this is done so that, the buyer (relative) gets the interest and the tax is levied on him. the buyer is usually a low tax slab person. - Ankit

Hello Ankit

Thanks Your explanation make my doubt clear

 

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
31 October 2026
Accountants

sankaran and krishnan

New Delhi

B.Com

View Details
Company
12 October 2026
AUDIT , ACCOUNTS AND TAXATION

KDSS

New Delhi

B.Com

View Details
Company
Featured ARTICLESHIP 28 October 2026
CA- Inter and Articles

N N V Satish & Co.,

Hyderabad

CA Inter

View Details
Company
14 October 2026
Asst. Manager/Dy Manager (Costing)

manufacturing

Pune

CMA

View Details
Company
15 October 2026
Senior Accountant

Continental Belting Pvt Ltd

Mumbai

B.Com

View Details
Company
ARTICLESHIP 23 October 2026
Articled Trainee

J Y & CO

Hyderabad

CA Inter

View Details
Company
ARTICLESHIP 07 November 2026
Article Assisstant

DPV & Associates

Chennai

CA Inter

View Details
Company
13 October 2026
Accountant

Zerdi & Co. Chartered Accountants

Pune

B.Com

View Details