Dear Sir,
I have purchase NHAI TAX FREE BOND ON THIS I HAVE RECD INTREST SO IT IS TAXABLE?
BEST REGARDS
ASHISH
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NHAI TAX FREE BOND interest TAXABILITY
Replies (3)
Not taxable....
THANK FOR YOUR REPLY. IF NOT TAXABLE THEN WHICH HEAD IT IS EXUIMPT.
Best Regards
Ashish
SECTION 10(15), ITEM (h) OF SUB-CLAUSE (iv) OF THE INCOME-TAX ACT, 1961
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