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KVP MATURITY ON 05.05.2019 FOR F.Y. 2019-20

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(Querist)
09 July 2020 I had invested Rs.260000/- and received Rs.520000/- as maturity. Is interest received 260000/- fully taxable? Can I show principal amount 260000/- as tax exempted income? Kindly help.
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TARAK KUMAR ROY

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TARAK KUMAR ROY (Querist)
09 July 2020 KINDLY SEND REPLY. KVP PURCHASED 260000/- AND M/V RECEIVED 520000/- IS INTEREST FULLY TAXABLE? CAN I SHOW PRINCIPAL AMOUNT OUT OF SAID MATURITY VALUE AS EXEMPTED INCOME?
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Bhaskaran Chackrapani Warrier

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Bhaskaran Chackrapani Warrier (Expert)
09 July 2020 Interest if fully taxable in the year of receipt if not offered in respective year's on due basis.
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