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taxation on kisan vikas patra

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(Querist)
20 February 2010 is maturity amount received on kisan vikas patra is taxable???
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CA Ravi Sisodia

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CA Ravi Sisodia (Expert)
20 February 2010 no, only interst is taxable on due basis.
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Rasesh

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Rasesh (Expert)
20 February 2010 Agree with expert.
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CMA Ramesh Krishnan

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CMA Ramesh Krishnan (Expert)
20 February 2010 agreed Interest only taxable

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