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
- How to pay remaining amount of TDS after due date?
- Resigning a auditor from the company for misconduct
- RCM @ 5% on Hamali charges, Transport Charges, Unloading charges we take ITC or not
- CALCULATION OF DEFFERED TAX - OP BL IS DTL & CURRET IT DTA
- LLP audit under companies act
- Experienced CA recommendation from Kolkata for FNO return filing
- Interest Reporting in Form 168
- Sales of goods of amount Rs77 lakhs to a party
- Tax Demand of ₹4,650 for AY 2026-27
- Concept of Vendor and customner reconciliation
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
