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Tax audit 44ab

(Querist) 15 August 2014 This query is : Resolved 
I am not engaged in any business.

I am filling ITR - 2 since last five years.
Now, I want to invest Rs. 1 Crore in Reliance / Government Bond.

I am regularly filling my wealth Tax return.

The aforesaid investment will be blocked for Five years and every year i will get return of Rs. 10 to 12 Lacs.

Now, the said investment will covered under 44AB (Tax audit).

Kindly confirm, whether any other provisions applicable due to said investment.

Please guide me.
Report Abuse
Devajyoti Barman (Expert) 15 August 2014
repeated query...........
ajay sethi (Expert) 15 August 2014
repeated query
Rajendra K Goyal (Expert) 16 August 2014
Repeated query.
T. Kalaiselvan, Advocate (Expert) 21 August 2014
No reply to repeated query.

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