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Infrastructure bonds

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(Querist)
09 December 2011 Is interest on Infra. Bonds are taxable?
Is Interest on 5Yrs. FDR (For Sec. 80C) is Taxable?
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CA VISHAL RANA,CS,B.Com,AMFI

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CA VISHAL RANA,CS,B.Com,AMFI (Expert)
09 December 2011 Interest in Infra bonds for sec 80CCF and interest on FDR shall be taxable as income from other sources.
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RAMESH KUMAR VERMA

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RAMESH KUMAR VERMA (Expert)
09 December 2011 The interest earned on fixed deposits is fully taxable and is added to the annual income of the individual.
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