Interest earned on nhai bonds
This query is : Resolved
17 March 2017
Hello Experts,
Wether Income received on NHAI bonds is taxable or Not?
If taxable - then under what head?
If Not- then exempt under which section??
Please help.
Wether Income received on NHAI bonds is taxable or Not?
If taxable - then under what head?
If Not- then exempt under which section??
Please help.
17 March 2017
The interset received on NHAI bonds is exempt u/s 10(15)(iv)(h).
17 March 2017
INTEREST RECEIVED FROM NHAI AND REC BOND INVESTED FOR THE PURPOSE OF DEDUCTION U/S 54-EC IS EXEMPT.
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