Taxability of Interest on REC Bonds (54EC)
vinayak landge (B.Com) (136 Points)
17 July 2018I wanted to know whether interest on REC Bond taxable or not. If not then under which section. Is it under 10(15)?
vinayak landge (B.Com) (136 Points)
17 July 2018
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(160322 Points)
Replied 17 July 2018
Interest amount fully taxable u/h 'IFOS'
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