addition was
made by the Assessing Officer on account of NSC and KVP,
which was found during course of search as well as on
account ... deleted by the
ld.CIT(A). However, in respect of KVP amounting to Rs. 1.13
lakhs in the assessment year 2005-06, the addition
examined as PW1 who proved on record that following
NSC's/ KVP's are lying with them in the name of deceased:
Certificate ... examined as PW3 who proved on record that following NSC's/
KVP's are lying with them in the name of deceased:
Registration
thief. It is further submitted that a civil suit
regarding the aforementioned KVP was filed but the
complainant did not appear in that civil suit ... Postal
Authorities stated in that Civil suit that they shall
encash KVP being in joint name of accused Anuradha
and that suit was withdrawn
Applicant was charge sheeted for misappropriating Rs.1750/- @Rs.350 each KVP No.72CC 181237 to 181241 dated 16.05.2000, Rs.2625@ Rs.525/- each ... KVP No.72CC 181244 to 181248 and Rs.2625/- @ 525/- in KVP No.72 CC 181249 to 181253 dated 20.05.2000. He was so charge sheeted
50000/- being investment made by Niruben S.Darji in NSC,
PPF & KVP to the total income of your appellant as investment
out of unexplained ... case, ought not to have added the investment in NSC, PPF &
KVP to the total income of your appellant as investment out of
unexplained
asked for the details about the agent through whom this KVP was
purchased, reasons that why maturity time increased from 51/2 to 8.7years ... representative through VC
The appellant stated that he had purchased a KVP from the post office on 10/7/2004 and
as per the instrument
jointly and
severally liable to discharge the KVP of Rs. 21,500/- only, which was pledged
before the OP/Bank and with a further direction ... interest @ 9% per annum
from the date of maturity of the KVP amount till the date of discharge and/or
pledge along with a further
assessee also filed details of amount received from the maturity
of KVP and post office, FDRs of all family members with the reply. The assessee ... payment account, capital
account and balance sheet reflecting investments made in KVP,
FDRs, MIS (PO), UTI funds etc. have also been enclosed in
respect
under:-
INCOME FROM VARIOUS PURCHASES SUCH AS NSC's AND KVP'S
Sr No DATE OF DATE OF AMOUNT DATE OF AMOUNT INCOME ... Page 28 of 88
Branch, New Delhi.
53 Investment in KVP Regn. No. 6957 dated 10000.00 PW26 10000.00
27.09.00 in the name of Mamta
their joint
name had also left behind Rs.8,10,000/- in KVP bearing Registration
No.2326 to KVP bearing No.2331 and KVP bearing ... Registration No.
2244 and KVP bearing Registration No.2254 with Post Office, Nand
Nagri A, Delhi - 110 093.
Deceased Smt. Roopa Devi had also left
