Taxability of surplus on redemption of Treasury bills under the ...

Income Tax

January 24, 2024

Taxability of surplus on redemption of Treasury bills under the head ‘Profits and Gains of Business’ - treasury bills were sold by the Reserve Bank of India on behalf of the Central Government - Surplus on redemption of treasury bills is to be taxed under the head Capital Gains. - AT

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Taxability of surplus on redemption of Treasury bills under the ...

Income Tax

January 24, 2024

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