https://www.taxtmi.com/acts?id=43744 The amendment deems the full value of consideration received on transfer, redemption or maturity of certain units, Market Linked Debentures, unlisted bonds or unlisted debentures, reduced only by cost of acquisition and transfer-related expenditure, to be capital gains arising from the transfer of a short-term capital asset; it also revises the definition of Specified Mutual Fund to cover funds that principally invest in debt and money market instruments or units of such funds, with percentage computed by annual average of daily closings and inclusion of securities classified by the securities regulator as debt and money market instruments. en-us Sat, 17 Aug 2024 12:54:53 +0530 Sat, 17 Aug 2024 12:54:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=43744 The amendment deems the full value of consideration received on transfer, redemption or maturity of certain units, Market Linked Debentures, unlisted bonds or unlisted debentures, reduced only by cost of acquisition and transfer-related expenditure, to be capital gains arising from the transfer of a short-term capital asset; it also revises the definition of Specified Mutual Fund to cover funds that principally invest in debt and money market instruments or units of such funds, with percentage computed by annual average of daily closings and inclusion of securities classified by the securities regulator as debt and money market instruments. Act-Rules F. Acts / Amendment Acts Sat, 17 Aug 2024 12:54:53 +0530 https://www.taxtmi.com/acts?id=43744