Question ID : 1782
Taxability on conversion of bonds issued by UTI
Hello members. UTI has converted the units uder Childres Growth Fund issued 1986 to 6.660% Tax Free ARS Bonds 2004. THe ga on such conversion is Rs 36000. Is the amount taxable? IF so, then can dexation be taken? Please guide '
No answers yet. Be the first to answer!
Please login to post your answer.
