Tax on infra bonds

josh (IT) (256 Points)

30 July 2017  

 

I had IDFC bank infra bond which got redeemed on 31/3/2017 and I got some interest on it. Is this interest taxable ? if yes, do I need to add this interest to the total income or pay tax on it separately ??? 

I have IIFCL tax free bonds and earned some interest in FY2016-17. Is this interest taxable ??? ( I believe it is not , please confirm ?)

Thanks

Josh