Interest on idfc bonds

Tax queries 395 views 1 replies

Hi All,

Can i know the tax rate applicable on interest recd on IDFC bonds. Please clarify with sections.

Replies (1)

The Interest received on IDFC Bonds is taxable under the head Income from Other Sources.

TDS can be deducted on interest received on IDFC Bonds @ 10%.

 

Regards,

Devendra Kulkarni


CCI Pro

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