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Archive: 10 January 2019

Posts in 10 January 2019

Taxation of bonds and debentures

January 10, 2019 149346 Views 5 comments Print

Any profit made on sale of an investment generally referred to as capital asset under the income tax laws becomes taxable as short term or long term capital gains depending on the holding period of such asset. Different holding periods, ranging from 12 months to 36 months, are prescribed for different class of assets to […]

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