WebOct 8, 2024 · In the case of a non-resident, capital gains arising from the transfer of shares or debentures of an Indian company are computed by converting the cost of acquisition, expenditure incurred in ... WebDec 3, 2024 · Period of holding is critical and initial step to determine tax liability on Capital Gain on shares, securities, immovable property, bonds or any other capital . Menu. Income Tax. Articles; News; Judiciary; ITR; ... Listed Debentures: 12 Months: Unlisted Debentures: 36 Months: Units of Equity Oriented MF: 12 Months: Units of Debt Fund: 36 ...
Income Tax on Bonds & Debentures - Learn by Quicko
WebJul 7, 2024 · Tax on Capital Gains on Unlisted Shares That Are Sold after Getting Listed . Here, the tax rates will be the same as that on purchase-and-sale of listed shares. That is, the long-term gains (sold after holding for more than one year) will be taxed at 10% after a threshold of Rs1 lakh per financial year. Short-term gains, i.e., gains on selling ... WebMar 2, 2024 · The capital gains from listed debentures, after a holding period of more than one year, are taxable at 10% plus surcharge and cess. There are non-listed MLDs also, but those are not tax-efficient. industrial engineering in a nutshell
Market linked debentures in favour again; should you invest?
WebAug 19, 2024 · TAXABILITY OF LONG-TERM CAPITAL GAINS: Listed debentures and bonds * More than 12 months: Gains shall be taxed as per normal slab rates ... This means if it is held for 12 months or less it'll be termed as 'Short term capital asset'. If unlisted debentures or bonds and units of debt oriented mutual funds are held for more than 36 … WebCMA VIPUL SHAH TEST - 7 CAPITAL GAIN www.vipulshah.org 75591 73787 Page 1 CHAPTER 7 'CAPITAL GAINS' MCQs on Capital Gains Q1: Capital asset excludes all assets except ... Q27: If unlisted debentures are sold after 12 months but before 36 months, the capital gain arising from such sale is a: (a) Short-term capital gain Web5 rows · Feb 8, 2024 · Capital Gains: Tax Rate: Listed Bonds & Debentures: Short Term Capital Gains: Slab Rate: ... logging tools hand