matter is that OPs invited investment in Kisan Vikas Patra (KVP)
Margin Funding Scheme, introduced by them, wherein 10% amount
was to be invested ... applicant for the purchase of KVP and rest
of 90% amount was to be provided by the OP bank, as per KVP
Margin Funding Scheme
direction to appellants of this appeal to submit the claim of
KVP's with the respondents of this appeal alongwith original KVP ... also
submit other documents which are required for the payment of the
KVP's within fifteen days from the date of receipt of copy
maturity, that is from 8/9/2001 of Kisan Vikas Patra (KVP) till the date of realization and the OP is further directed ... however on the same day returned the certificates of Kisan Vikas Patra (KVP) to the complainant under the pretext that he did not want
Vinod And Another vs The State Of U.P. on 17 February, 2017
Author: Shashi
debentures, bonds, saving bank deposits, fixed
Page: 4/323
deposits, household goods, KVP and NSC etc. at
the beginning of "Check Period ... accused Sandhya Takkar
besides adding the income from tuitions and
income from KVP maturity, as claimed by her in
her income tax returns. Rental income
said
certificates, on the plea that the Kisan Vikas Patras
(KVP) cannot be issued in the name of the firm/
institution and KVP certificates were ... maturity
value of Rs.10,00,000/-. The second set of the KVP
certificates were getting matured on 06th October,
2005, on which date they
natural guardian of minor Soumadip Manna he purchased two Kishan Vikash Patra (KVP) of Rs.10,000/- each on 01.06.2005 from the Tamluk Post Office ... Post Master of Tamluk Head P.O. to issue duplicate KVP Certificates. On 20.05.2013 as per direction of Post Master, the father of the natural
assessee was not accepted by the assessing officer on the ground
that KVP is the interest bearing investment on which assessee is
entitled to receive ... years from the date of certificate. He further stated that as per KVP
rule in the cases where certificate were purchased on or after
terms of "Loan against Securities"
account against the security of KVP states that the loan will be 90%
of face value of KVP ... appellant that OD funds were
used to invest in NSC/ KVP cannot be completely denied. Moreover,
the contention of the appellant that he paid interest
paid out
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QA 661 of2016
to a Kissan Vikas Patra (KVP). beneficiary. The relief sought in the OA
is as follows ... While he was working as
Postal Assistant in Kavanad in 2001, a KVP was issued in the name of
. "'
Secretary, West Quilon Service
