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Confusion regarding section 194da

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(Querist)
29 October 2017 Hello Everyone,
I have a query relating to section 194da of income tax act 1961, while filing my income tax return , my Form 26 AS is showing TDS Deducted u/s 194DA for which TDS has been deducted @2% on the gross amount so received , i want to Know whether the amount is taxable under my hands or is it exempt , Please help
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Bhaskaran Chackrapani Warrier

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Bhaskaran Chackrapani Warrier (Expert)
29 October 2017 Literally amount received is taxable.
Ps:- TDS rate is 1% vide Finance Act,2016 w.e.f 01.06.2016.
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Anmol Chugh

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Anmol Chugh (Querist)
29 October 2017 The investment so purchased is an eligible investment u/s 10(10)D, so is it taxable??
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