https://www.taxtmi.com/acts?id=49074 Gains on transfer, redemption or maturity of units of a Specified Mutual Fund, Market Linked Debentures, and certain unlisted bonds or debentures are treated as short-term capital gains and computed by the formula: full value of consideration less cost of acquisition less expenditure wholly and exclusively incurred for the transfer, redemption or maturity. No deduction is permitted for sums paid as securities transaction tax. The clause defines Market Linked Debenture and Specified Mutual Fund for these purposes. en-us Fri, 14 Feb 2025 16:42:35 +0530 Fri, 14 Feb 2025 16:42:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=49074 Gains on transfer, redemption or maturity of units of a Specified Mutual Fund, Market Linked Debentures, and certain unlisted bonds or debentures are treated as short-term capital gains and computed by the formula: full value of consideration less cost of acquisition less expenditure wholly and exclusively incurred for the transfer, redemption or maturity. No deduction is permitted for sums paid as securities transaction tax. The clause defines Market Linked Debenture and Specified Mutual Fund for these purposes. Act-Rules Bills Fri, 14 Feb 2025 16:42:35 +0530 https://www.taxtmi.com/acts?id=49074