Buy back of Tax saving bond

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..... Buy back of Tax saving bond
Query (Issue) Started By: - HARIKUMAR PG Dated:- 25-8-2019 Last Reply Date:- 25-8-2019 Income Tax
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Income Tax
I invested ₹ 20000 in IFCI Infra .....

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..... structure 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 Repl .....

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..... y: In my view it will not amount to capital gain. The interest accrued every year is liable to tax.
Discussion Forum - Knowledge Sharing .....

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