U/s.54 EC (Nabard Bonds)

This query is : Resolved 

11 March 2010 what should be the journal entry in case of lost of car taken on loan?

11 March 2010 whether Nabard bonds are eligible for the Exemption U/s. 54EC and The rate of interest is obtained from bonds on 5% or not

whether Nabard bonds Offered as Security for the Loan taken from Banks or not

is nabard bonds eligible security for the Loan taken from Banks.

11 March 2010 Insurance claim receivable dr
Vehicle a/c cr



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