Taxability of RBI Bonds
This query is : Resolved
01 June 2011
On Maturity of 8% RBI Taxable bonds, is the maturity amount taxable? Is there any exemption? Please help ASAP.
01 June 2011
Interest on 8% Savings (Taxable) Bonds, 2003 of RBI is taxable. TDS provisions also attracts on the interest.
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