Deduction u/s 80C.
This query is : Resolved
Sanoj Kr. Sharma
(Querist)
28 January 2011
If person invest 50000/- in Kishan Vikash Patra in the name of his Spouse and represent himself as nominee on that..
Is he is elegible for getting deduction U/s 80C?
Is he is elegible for getting deduction U/s 80C?
28 January 2011
80C Deduction not available on Kishan Vikash Patra.
For details see below links---
https://investment.apnapaisa.com/small-saving-scheme/kisan-vikas-patras.html
https://multiutils.com/itp/pokvp.htm
For details see below links---
https://investment.apnapaisa.com/small-saving-scheme/kisan-vikas-patras.html
https://multiutils.com/itp/pokvp.htm
28 January 2011
KVP is , anyway not covered under section 80C, so it doesnot matter in whosoever name it is taken.
Guest
Guest
(Expert)
28 January 2011
Agree with experts.
Sanoj Kr. Sharma
(Querist)
29 January 2011
Thanks....
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
- Tax on Amount transferred in HUF Account
- Nursery business
- Working on Gold wastage during Melting of old gold jewellery
- GST REFUND ISSUE ON PURCHASE OF PLANT AND MACHINERY
- TDS on Dashcam rent and allied services
- Condonation Request sec 119(2) b -Enhancement Limit of Leave Exemption prior to AY 2023
- GST input credit on commercial property
- ETDS return q4 25-26
- Gift to nri relatives residing in usa
- Intimation under section 245
- GSTR-9C filing
- Royalty payments to the Mining Department for procurement of murum - GST input
- HOW TO ADJUST CREDIT NOTE AMOUNT ?
- Import Order Cancelled.
- WRONG GSTR7 ENTRIES ACCEPTED ERRONEOUSLY
- Expert Help Required for TDS Refund 100000 Through TRACES – AY 2022–23
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Tally: Imported bank entries do not show up in manual 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
