Avail 50% discount on all online CA classes for Nov Exam(access till Nov 20th). Use coupon code NOV15

close x
Home > Experts > Income Tax > Taxability of tax saving bonds

Please Wait ..

to your account


Remember Me | Forgot your password?


Sign-up now

Join CAclubindia.com and Share your Knowledge. Registered members get a chance to interact at Forum, Ask Query, Comment etc.

Alternatively, you can log in using:

Taxability of tax saving bonds (Income Tax)

Report Abuse
This query is : Open

Author : Anonymous

( Author )
24 June 2010

I have purchased tax saving bonds in 2007. It has matured now. Kindly let me know what will be the tax implication for the same?

Aditya Maheshwari

( Expert )
24 June 2010

Principal amount would be exempt and only interest will be taxed. Interest only taxable to the amount not taxed in earlier years.

Author : Anonymous

( Author )
30 June 2010

Hi, I heard REC bonds are taxable on both the interest earned and maturity value.
Kindly let me know the correct taxability of 'capital gains tax saving bonds'.
Will they be considered as long-term capital gains upon maturity and taxed as per indexation benefit?



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

Click here to login ( Members Login ) now

Similar Resolved Queries :


Quick Links

back to the top