Hi All
As we all know, Interest from 54ec bonds is taxable and TDS deduction is not ablicable
Please anyone clarify whether actual interest payment or accrued interest to be taken. As Interest is pain in subsequent FY April month.
Jatinder Singh Bedi (--) (38 Points)
28 November 2021Hi All
As we all know, Interest from 54ec bonds is taxable and TDS deduction is not ablicable
Please anyone clarify whether actual interest payment or accrued interest to be taken. As Interest is pain in subsequent FY April month.
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(112668 Points)
Replied 28 November 2021
Accrual interest. (the interest paid in first week of next April is for preceding FY.)
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