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Interest from NTPC

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Guest (Querist)
31 January 2010 Sir

I wanna know whether any interest other than the interest on securities received from NTPC is exempt from Income Tax or Not

Thanx in advance
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31 January 2010
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CMA. Dinesh S Adhikari, ACMA

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CMA. Dinesh S Adhikari, ACMA (Expert)
01 February 2010 Yes, it will be taxable in the hands of receipient.

Regards!!!
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