Can any of the community members help to file ITR for trading in Cumulative Non-Convertible Bonds? To be precise if such bonds are purchased one month before the maturity or redemption.
When you buy such bonds in large quantities the cumulative interest i.e., the difference between the issue price and the redemption price reflects in the AIS statement. Further if Form-15G/15H is not submitted, the company also deducts the TDS @10%.
How do we report the market transactions i.e., the difference between the acquisition price and the redemption price is the actual profit. How do we report that?