Easy Office
Easy Office

interest on REC Bonds chargeable to tax or not

This query is : Resolved 
Profile Image

Profile Image

(Querist)
01 April 2009 HELLOW MY FRIENDS , I WANT TO ASK WEATHER INTEREST ON REC BONDS ARE CHARGEABLE TO TAX OR NOT .IF NOT THEN WHAT IS THE BEST WAY TO SAVE TAX ON LONG TERM CAPITAL GAIN

PLZ REPLY FAST ..........
Profile Image

CA LOKESH KASAT, FCA, M.Com

Profile Image

CA LOKESH KASAT, FCA, M.Com (Expert)
01 April 2009 9% and 10% bond of REC are exempt.

Invest in the asset prescribed u/s 54 EC and 54F.

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


CCI Pro

Trending Online Classes

view all classess


Answer Query



Quick Links