KVP

This query is : Resolved 

24 August 2009 Whether difference amt recd on maturity of KVP is taxable

24 August 2009 I am not sure but it Should not.

24 August 2009 Interest is taxable. Ref:- Page 2.83 of Taxmann's Master Guide to Income tax Act- 18th edition.

24 August 2009 Yes it is fully taxable.


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