whether interest received on infrastructure bonds on which deduction is allowed u/s 80CCF is taxable or not . Please reply its urgent
CA Himanshu Bansal
(Risk Manager)
(2345 Points)
Replied 22 August 2012
Yes, such interest is taxable., under the head " Income from other Sources "
There is no section/notification for its exemption.
25 Hours GST Scrutiny of Return and Notice Handling(With Recording)