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Tax freebond

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Querist : Anonymous (Querist)
20 February 2014 Interest on Tax free bonds is part of total income or fully exempted?

Suggest Any section State that it is fully Exempted or part of income?

Interest is fully exempted whoes income is below 10 lakh?

interest is part of Income whoes income is above 10 lakh?

NHAI, HUDCO, IRFC are all tax free bonds?
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CS,CA F,Numrologi TusharSampat

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CS,CA F,Numrologi TusharSampat (Expert)
20 February 2014 int is taaxble under sec 56 as income from other sources.
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