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    <title>Transfer of Sovereign Gold Bond issued by the Reserve Bank of India - (New) Section 70(1)(x) / (Old) Section 47(viic)</title>
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    <description>Transfer by way of redemption of Sovereign Gold Bonds issued by the Reserve Bank of India is not regarded as a transfer for capital gains purposes when held by an individual from original issue till maturity. The rule applies to bonds issued under the Sovereign Gold Bond Scheme, 2015 and any subsequent Sovereign Gold Bond Scheme, treating redemption as outside the scope of transfer under the capital gains exclusion.</description>
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    <pubDate>Fri, 13 Sep 2019 17:23:00 +0530</pubDate>
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      <description>Transfer by way of redemption of Sovereign Gold Bonds issued by the Reserve Bank of India is not regarded as a transfer for capital gains purposes when held by an individual from original issue till maturity. The rule applies to bonds issued under the Sovereign Gold Bond Scheme, 2015 and any subsequent Sovereign Gold Bond Scheme, treating redemption as outside the scope of transfer under the capital gains exclusion.</description>
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      <pubDate>Fri, 13 Sep 2019 17:23:00 +0530</pubDate>
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