IDBI Flexibonds!!!!!

RITESH KHANDELWAL (Corporate Taxation) (168 Points)

14 March 2008  

Dear Member,

I would like to get the solution of my query:

  • If I have recd Interst on IDIB Flexibond without any tax deductions i.e., Gross Amt then Am I liable to pay Income tax on that ? If yes, what is the rate of tax for an Individual, Is it unedr normal slad or some CG ?

 Plz suggest.