Hi All,
Can i know the tax rate applicable on interest recd on IDFC bonds. Please clarify with sections.
Menu
Interest on idfc bonds
Replies (1)
The Interest received on IDFC Bonds is taxable under the head Income from Other Sources.
TDS can be deducted on interest received on IDFC Bonds @ 10%.
Regards,
Devendra Kulkarni
Recent Topics :
- How do you collect documents from clients for ITR
- GST ITC on Construction/ Tenant Specific Renovatio
- GST Treatment and Reporting of Share & Mutual
- AGM Defective Notice
- IMS Rejection of Sales and Sales return
- Taxation of Gift - Father to Daughter
- TDS on Property Purchased above 50lakh
- Accounting Treatment in Tally for Restaurant Sales
- Form 146 required
- Rule 86(B) Applicability
Related Topics :
CAclubindia
