Is TDS deductible on Interest paid on NHAI Bonds.
Also is the interest on NHAI Bonds taxable. Please specify the section of the Act stating it.
Will be grateful for your help?
Saurabh Goyal (CA Final) (393 Points)
29 July 2014Is TDS deductible on Interest paid on NHAI Bonds.
Also is the interest on NHAI Bonds taxable. Please specify the section of the Act stating it.
Will be grateful for your help?
Z
(Tax Consultation (US and India))
(2970 Points)
Replied 29 July 2014
Interest is taxable although No tax is deducted at source