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U/s.54 EC (Nabard Bonds)

This query is : Resolved 
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(Querist)
11 March 2010 what should be the journal entry in case of lost of car taken on loan?
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(Querist)
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.
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Ram Avtar Singh

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Ram Avtar Singh (Expert)
11 March 2010 Insurance claim receivable dr
Vehicle a/c cr
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CMA Ramesh Krishnan

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CMA Ramesh Krishnan (Expert)
12 March 2010 agree
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