Easy Office
LCI Learning

Interest on minor's ppf account taxable or not?

This query is : Resolved 

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
19 December 2014 Dear Sir,.
I have question that interest on minor's ppf account is it taxable to guardian or not?

19 December 2014 PPF interest is NOT taxable.

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
19 December 2014 even if guardian has invested Rs.150000 IN PPF A/C?




19 December 2014 yes PPF interest is not taxable even if deposit amount is Rs.150000



You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries