Zero coupon Nabard Bond

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..... 1. Whether zero coupon Nabard Bond is a capital index bond under second proviso to section 48 of Income Tax Act, 1961 ? 2. What is the rate of taxation on zero coupon nabard bond.? - Reply By Ra .....

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..... vi Chopra - The Reply = NABARD Rural Bonds are being issued by way of private placement as long term investment instrument under Clause (xxii) of Sub-Section (2) of Section 80C of Income Tax Act, .....

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..... 1961 read with Central Board Direct Taxes Notification No. 293/2007 /F.No.142/31/2007-TPL dated 31 December 2007. Therefore, a limited exemption under section 80C as an investment has been granted t .....

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..... o nabard zero coupon bond. But, there is no exemption under capital gain tax. Hence the same would be subject to capital gain tax. - Zero coupon Nabard Bond - Query Started By: - vikas mehta Dated:- .....

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..... 10-4-2009 Income Tax - Got 1 Reply - Income Tax - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmana .....

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..... gementindia.com - TMI - TaxTMI - TMITax .....

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