Interest on REC Bond Is Taxable Yearwise!

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Interest on REC Bond Is Taxable Yearwise!REC Bonds purchased to get the benefit of Capital Gain Tax on redemption after 3 yrs. whether the amount will attract any kind of tax to be paid by me? mukund.m@……comThe REC bond can not be transferred within three years. Interest is payable annually on 30th June every year…