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Senior citizen invested Rs 3 crore in tax-free bonds, but mistakenly paid tax on Rs 25.42 lakh interest earnings; why ITAT Delhi ordered Rs 9.91 lakh refund

1 source · first seen 02:55 1 Oct · updated 02:55 1 Oct

The brief

Written from 1 report · check the source before you trade
  • ITAT Delhi ordered a Rs 9.91 lakh refund on tax paid on Rs 25.42 lakh bond interest
  • Clarifies tax treatment of tax-free bonds for Indian investors

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Read the reports

1 report · earliest 02:55
Times of IndiaSenior citizen invested Rs 3 crore in tax-free bonds, but mistakenly paid tax on Rs 25.42 lakh interest earnings; why ITAT Delhi ordered Rs 9.91 lakh refund02:55