in order to avoid Capital Gains Tax, if some1 invests in 54EC bonds (REB/NHAI), then what will be the tax treatment whn the bonds mature aftr 3 yrs? as the bonds are supposed to carry some interest also. what will be the taxable?
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Tax Query
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INTEREST IS TAXABLE
Wheather deduction is allowed as per income tax act or not...........
if interest on Income tax have been paid and charged to P/L A/C of the company.
If yes then provide the sections................
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