Your queries: Income tax – You have to pay tax on interest earned on Section 54EC bonds

Retrieved on: 2022-10-03 07:47:43

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Your queries: Income tax – You have to pay tax on interest earned on Section 54EC bonds. View article details on HISWAI: https://www.financialexpress.com/money/income-tax/your-queries-income-tax-you-have-to-pay-tax-on-interest-earned-on-section-54ec-bonds/2697520/

Excerpt

The lock-in period for 54EC bonds is five years. The exemption is available proportionate to the capital gains invested up to a maximum of Rs 50 lakh.

Article found on: www.financialexpress.com

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