Interest on REC/IRFC bond is taxable

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538 Points Posted on 17 August 2023
Sir, pls. inform that interest received from REC/IRFC bond is taxable or not as per income tax act.
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On 17 August 2023 at 17:17 Report
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This discussion clarifies whether interest earned from REC/IRFC bonds is subject to income tax. Generally, the interest is taxable unless the bonds are specifically classified as tax-free bonds. It's important to check the category of your bond to determine its tax status.

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SEO Sai Gr. Hosp.
212548 Points Posted on 17 August 2023

Taxable, unless they are tax-free bonds by category.

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On 17 August 2023 at 18:10
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538 Points Posted on 18 August 2023
Thanks 🙏
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On 18 August 2023 at 18:46
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SEO Sai Gr. Hosp.
212548 Points Posted on 18 August 2023

Most welcome.    

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On 18 August 2023 at 19:57

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