Maturity Amount of Bonds under 54EC
RAHUL RAJU (127 Points)
14 August 2024
Do bonds which mature after 5 years under Section 54EC are taxable or exempt?
RAHUL RAJU (127 Points)
14 August 2024
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(170950 Points)
Replied 14 August 2024
Interest is taxable on accrual basis every year.
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