Deduction u/s 80C.

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Sanoj Kr. Sharma (Querist)
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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?

CMA. CS. Sanjay Gupta

CMA. CS. Sanjay Gupta (Expert)
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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

CMA. Subhash Kumar Jha

CMA. Subhash Kumar Jha (Expert)
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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

Sanoj Kr. Sharma (Querist)
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29 January 2011 Thanks....

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