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Interest on nhai bond taxable ??

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(Querist)
15 December 2012 Whether Interest received on Bond of NHAI which are taken u/s 54EC taxable or not??

if taxable whether TDS is to be deductible???
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V K Bajaj

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V K Bajaj (Expert)
16 December 2012 Mr Suresh please mention year for which you are asking.

You take it is TAXABLE.
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MILIND S. SHETH

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MILIND S. SHETH (Expert)
16 December 2012 Interest on bonds u/s 54 EC is taxable. it is also subject to T.D.S.
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