TO get deduction from LTCG invest in bonds of NHAI OR RECL is 50 lakh with lock in period of 3 years.
Whether it's interest is taxable and Whether on its maturity such receipt is taxable in case if bond redeem at
At par or
At premium
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54 EC OF INCOME TAX
Replies (6)
Whether it's interest is taxable?
YES, annually.
Whether on its maturity such receipt is taxable in case if bond redeem........
No maturity of principal amount is not taxable.
can exemption be availed if bonds are purchased after 6 months
@ Gaurav Agrawal.......... As per act......... No..... but delay has been condoned by courts in cases when bonds were not available during the end period.
IN december month GSTR-3B opening itc Nil. dec transactions PAYABLE IGST 32700/- CGST REFUNDABLE 4451 SGST REFUNDABEL 4451. WHILE MAKING PAYMENT HOW CAN I CALCULATE AND FILL IN THE CHALLAN.
IN december month GSTR-3B opening itc Nil. dec transactions PAYABLE IGST 32700/- CGST REFUNDABLE 4451 SGST REFUNDABEL 4451. WHILE MAKING PAYMENT HOW CAN I CALCULATE AND FILL IN THE CHALLAN.
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