Suggest a bond invesment

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Querist : Anonymous

Querist : Anonymous (Querist)

26 November 2014 Dear Expert,

Suggest a bonds for investment purpose but received a interest on bond are exempt as per income tax rule?

CS,CA F,Numrologi TusharSampat (Expert)
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26 November 2014 if u want to invest in capital gain bonds then rec and nhai bonds u/s 54EC is allowed but int is taxed.

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Amol S Joglekar (Expert)
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26 November 2014 Go for RBI tax free bonds.
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Querist : Anonymous

Querist : Anonymous (Querist)

26 November 2014 Dear Expert,

RBI tax free bond Interest are tax free or not

Amol S Joglekar (Expert)
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26 November 2014 Tax free bond interest is income tax free.

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