Is Interest on Kisan Vikas Patra(KVP) Taxable?
CA Jainam Shah (Chartered Accountant) (190 Points)
18 December 2012Is Interest on Kisan Vikas Patra(KVP) Taxable?
CA. Kapil Goel, DISA(ICAI)
(cakapilgoel.wordpress.com)
(2191 Points)
Replied 18 December 2012
Rachit
(Analyst)
(913 Points)
Replied 18 December 2012
Yes it is taxable. Annual accrued interest needs to be considered at the time of filing Return of Income
GSTR 9 and 9C for FY 23-24 as amended by Notification 12/2024 dated 10th July 2024(with recording)
CAclubindia
