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Taxability of interest and maturity value of bonds u/s 54ec

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(Querist)
22 January 2015 Dear expert,

If the LTCG invsted in bonds u/s 54EC (NHAI Bonds @ 6% coupon rate, lock in period 3 years),

1. What is the taxability of annual interest?
2. Is there any taxability on bonds after maturity of 3 years?
3. Is there any compultion that the bond maturity value to be invested to any specific mode?
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CS,CA F,Numrologi TusharSampat

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CS,CA F,Numrologi TusharSampat (Expert)
22 January 2015 1.fully taxable under head income from other sources.

2.no as its capital amont recived back after 3 years.

3.no
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Rupesh Jain

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Rupesh Jain (Expert)
23 January 2015 intt will taxable .
amount not taxable if you withdraw after lock in period.
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