Easy Office
LCI Learning

Rural electrification corporation ltd bond

This query is : Resolved 

13 March 2014 whether interest of REC tax free bonds are taxable or exempt for FY 2013-2014....what about amount of investment whether deductible or not deductible ?

13 March 2014 int is taxable under income from other sources.

yes u/s 54EC available if investments made in 6 months from date of transfer of capital asset.



You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries