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01 July 2011 Whether Reinvestment of KVP is Taxable
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CA PARAS BAFNA

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CA PARAS BAFNA (Expert)
01 July 2011 Interest accrued on KVP is taxable on the basis of method of accounting followed by the assessee.

Once it is taxed it is not re-taxed when the amount received on maturity is again invested in KVP.

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