Here we see what are long-term capital assets and how are the gains on them taxed
I want to buy a listed cumulative NCD (non-convertible debentures) of a three year term of a finance company after 18 months of its issue from the market and want to hold it for the balance period. Will I have to pay tax difference of maturity amount and purchase cost at the time of maturity as long term capital gain? - Anonymous
This article was originally published on November 24, 2022.
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