SGB Taxation in Secondary Market

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SGB: Is my Gain interest free even if I buy SGB from Stock Market?

I had similar doubts. After reading other articles, I read all the acts myself and came to the above conclusion. It’s important to know how the government excluded SGBs from capital gains. What is the exact wording used? If you know how. Then the rest becomes clear. . To quote, Basic definition tions: Section 2: (14) “capital asset” means— (a) property of any kind held by an assessee, whether or not connected with his business or profession; 42A) “short-term capital asset” means a ca…