I have invested in capital gain bond and earning interest on it
Replies (3)
Quick Summary
This discussion clarifies the taxability of interest earned on capital gains bonds, specifically 54EC bonds. While interest is generally taxable, it can be exempt if invested under Chapter VII. The author expresses frustration with irrelevant responses on forums, urging for clearer, focused information to avoid confusing investors.
Why am I seeing unrelated responses in all forums. Request sir @ sabyasachi Mukherjee to avoid such things as it makes querists confuse about CCI platform