Deduction if investments in kisan vikas patra
This query is : Resolved
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.
26 July 2013
no taxable under income from other sources
26 July 2013
Thanks sir, can you please tell me under which section of the income tax act the income from kvp is taxable?
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/
https://www.indianpostoffice.helpof.com/kisan-vikas-patra-kvp-from-indian-post-office/
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Supply through E-commerce Operators
- Rent lease agreement
- Relief u/s Section 89
- REGARDING SECTION 44AE
- Is E Way Bill Valid If Transport ID Not Mentioned in PART A But Vehicle details mentioned in PART B
- GST ON DAMAGED GOODS
- Merchant Export Accounting
- Is it compulsory to File 10E if Income including Pension Arrears is below 12 Lakh for the F Y 25 26
- Tax liability on income of freelancer
- GST Rate applicable for 0% Food Items sold by an Industrial Caterer
- Sales return eway bill
- Sales amount in Gstr1
- CG after sale of flat
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
- Annexure B utility for GST Refund
- Tax amount diff in Gstr1 and 3B in tax compare reports
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
