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Kisan Vikas patras

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(Querist)
02 March 2009 Can u tell me, Under which Income tax sections will Kisan vikas patras will come..

the section nos 80G or 80C?
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CA Devanshi Gandhi (Ajani)

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CA Devanshi Gandhi (Ajani) (Expert)
02 March 2009 Currently there is no tax benefit on investment under this scheme.

Interest income is taxable but no TDS

Deposits are exempt from Wealth tax.

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