KISAN VIKAS PATRA

This query is : Resolved 

25 March 2009 Is 5 and half yr KISAN VIKAS PATRA (KVP) is exempt u/s 80C of Income tax act???? KVP looks same as NSC and one of my client has purchased KVP for Rs.10,000.00. Is the Whole amount exempt?? PLEASE HELP ME OUT

25 March 2009 Vinay

Deduction under section 80 C not admissible.

regards........



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