Rec bonds
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
19 July 2010
is Interest Recieved from Rec bonds exempt???
19 July 2010
It depoends on bond type.. Tax Free Bonds Versus Taxable Bonds >>
Message likes :
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19 July 2010
If bonds are invested u/s 54EC then interest received is taxable.
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