Hello,
Is interest on REC Bonds received is exempt u/s 10 (15) and if yes whether there is any restriction on amount of interest.
Amber Jain (Article Assistant) (206 Points)
20 June 2013Hello,
Is interest on REC Bonds received is exempt u/s 10 (15) and if yes whether there is any restriction on amount of interest.
CS,CA F,Numrologi TusharSampat
(CS CA F Numerologist Astrologer Graphologist Face reader Vastu Expert)
(85930 Points)
Replied 20 June 2013
| Originally posted by : Divya Shah | ||
 |
INTEREST ON REC BONDS IS TAXABLE. |
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Amber Jain
(Article Assistant)
(206 Points)
Replied 21 June 2013
CA. Ritu Agarwal
(CEO)
(52 Points)
Replied 21 June 2013
Yes, you are right.
shaik
(article student)
(32 Points)
Replied 14 August 2015
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