Dividend by LIC MF is taxfree...
If infra bonds itself are tax-free (there are two types of infra bonds), than no tax liability; otherwise taxable......
Dividend is generally not taxable (as already DDT paid). Check whether it is dividend or interest or part re-payment.
Naveen Fintech Pvt Ltd
Kolkata
CA Inter
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Gupta Sachdeva & Co. Chartered Accountants
New Delhi
CA Final
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CAclubindia
