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interest on infrastracture bond - matured

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(Querist)
08 June 2010 dear sir

Is interest on matured infrastracture bond taxable?

thanks
Nagarajan
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Sunil Kr. Sanganeria

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Sunil Kr. Sanganeria (Expert)
08 June 2010 Yes. Any interest received on maturity of Infrastructure bond is taxable in the hand of the receipient.
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nagarajan

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nagarajan (Querist)
08 June 2010 thank u sir
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