HOW THE PROCEED OF 54 EC IS TO BE DISCLOSED IN THE INCOME TAX RETURN IN THE CASE OF AN INDIVIDUAL?
ARPITA VINODKUMAR MEHTA (ARTICLE) (88 Points)
02 December 2013HOW THE PROCEED OF 54 EC IS TO BE DISCLOSED IN THE INCOME TAX RETURN IN THE CASE OF AN INDIVIDUAL?
Mihir
(Wealth Manager)
(5293 Points)
Replied 03 December 2013
The interest earned on 54EC bonds shall be taxable and assessed under income from other sources.
GSTR 9 and 9C for FY 23-24 as amended by Notification 12/2024 dated 10th July 2024(with recording)
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