Is the Interest on short-term maket-linked debentures, held in my D-mat account, considered Capital Gain or Income under "Other Source", for taxation purposes ??
Thanks.
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Taxation of "Market Linked Debentures"
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It will be taxed as Capital gain, if sold after a year short term @ 10% if sold in more than 3 years long term gain for taxation @ 20%
Thanks.
Also, Does it Mean, this CG can be set off against CG losses from previous years ??
Also, Does it Mean, this CG can be set off against CG losses from previous years ??
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