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Kishan Vikas Patra

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(Querist)
18 July 2009 Can anyone tell me whether maturity proceeds of kishan vikas patra are taxable or not?
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Bhaskaran Chackrapani Warrier

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Bhaskaran Chackrapani Warrier (Expert)
18 July 2009 Principal is tax free. Interest is taxable. Tax will not be deducted from interest.
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Meera Tankariya

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Meera Tankariya (Querist)
18 July 2009 ok. thanks sir.
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