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Deduction if investments in kisan vikas patra

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(Querist)
26 July 2013 If an assessee (including senior citizen) invests in kisan vikas patra will he get any dedcution from taxable income under income tax act.
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Rupesh Jain

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Rupesh Jain (Expert)
26 July 2013 no taxable under income from other sources
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Nitin Jain

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Nitin Jain (Querist)
26 July 2013 Thanks sir, can you please tell me under which section of the income tax act the income from kvp is taxable?
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Bhaskaran Chackrapani Warrier

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Bhaskaran Chackrapani Warrier (Expert)
26 July 2013 There is no section saying that interest is tax free. But the following link says it is taxable.
https://www.indianpostoffice.helpof.com/kisan-vikas-patra-kvp-from-indian-post-office/
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