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Interest earned on nhai bonds

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(Querist)
17 March 2017 Hello Experts,

Wether Income received on NHAI bonds is taxable or Not?
If taxable - then under what head?
If Not- then exempt under which section??

Please help.
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Ruchi

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Ruchi (Expert)
17 March 2017 The interset received on NHAI bonds is exempt u/s 10(15)(iv)(h).
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KEYUR

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KEYUR (Expert)
17 March 2017 INTEREST RECEIVED FROM NHAI AND REC BOND INVESTED FOR THE PURPOSE OF DEDUCTION U/S 54-EC IS EXEMPT.




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