interest income

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TO BECOME BUSINESS MAN
36 Points Posted on 06 February 2019
whether interest income on NHAI BONDS is exempted from tax
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On 06 February 2019 at 16:10 Report
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SEO Sai Gr. Hosp.
212511 Points Posted on 06 February 2019

Interest income over NHAI capital gains bond is taxable.

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On 06 February 2019 at 16:21
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TO BECOME BUSINESS MAN
36 Points Posted on 06 February 2019
what is the need to invest in it to acquire exempted on capital gains only
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On 06 February 2019 at 16:30
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SEO Sai Gr. Hosp.
212511 Points Posted on 06 February 2019

Yes. Saving Long term capital gains which is otherwise taxed at 20%+ cess

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On 06 February 2019 at 17:34

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