Tuesday, 29 September 2026Updated 13m ago
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Senior citizen paid ₹9.91 lakh tax on tax-free bond interest by mistake: How he got a refund

1 source · first seen 13:38 29 Sept · updated 13:38 29 Sept

The brief

Written from 1 report · check the source before you trade
  • He reported ₹25.42 lakh of tax-exempt bond interest as taxable income
  • The mistake led to excess tax of ₹9.91 lakh
  • The refund highlights tax-reporting risks for Indian investors holding tax-exempt bonds

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1 report · earliest 13:38
MintSenior citizen paid ₹9.91 lakh tax on tax-free bond interest by mistake: How he got a refund13:38