u/benjamin_button_2025

I bought some listed government bonds on NSE in 2022 and sold it in 2025. It is Long term assets.

CDSL has reported

Sales price - 100 Purchase price - 120 FMV - 125.

While calculating LTC loss, which one do I consider as cost of aquisition? Purchase price or FMV ? So is loss 25 or 20?

From what I understood, FMV is used only for equity purchased before 2018 when LTCG tax on equity was introduced to set a new baseline.

Thanks

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