Interest on REC/IRFC bond is taxable
Tapas Samadder (536 Points)
17 August 2023
Sir, pls. inform that interest received from REC/IRFC bond is taxable or not as per income tax act.
3 Replies
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(177741 Points)
Replied 17 August 2023
Taxable, unless they are tax-free bonds by category.
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