Buy back of Tax saving bond
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....uy back of Tax saving bond<br> Query (Issue) Started By: - HARIKUMAR PG Dated:- 25-8-2019 Last Reply Date:- 25-8-2019 Income Tax<br>Got 1 Reply<br>Income Tax<br>I invested ₹ 20000 in IFCI Infras....
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....tructure bond in FY 2011-12 and got redeemed it in FY 2018-19(buy back by IFCI). Whether the income earned is treated as Capital gain or interest income? Reply By DR.MARIAPPAN GOVINDARAJAN: The Reply....
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....: In my view it will not amount to capital gain. The interest accrued every year is liable to tax.<br> Discussion Forum - Knowledge Sharing ....
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