CCI Online Coaching    |    x

Treatment Of Interest accured on PPF Balance

This query is : Resolved 

22 July 2010

I know that Interest accured on PPF balance annualy is exempt Income but under which section of I.T.Act ,Please confirm.

22 July 2010

The interest earned from Public Provident Fund is totally exempt from tax under Section 10(11) of the Income Tax Act

B.Chackrapani Warrier (Expert)
22 July 2010

It is section 10(11) of the income tax Act,1961.

CMA. CS. Sanjay Gupta (Expert)

22 July 2010

exempt u/s 10(11)

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

Click here to login now

Similar Resolved Queries :

× Online Coaching My Enrolled Courses
Articles Forum News Experts Exams Share Files Income Tax Accounts Career Corporate Law Service Tax Video Judgements Rewards Top Members Events Albums Find Friends Featured Feed Scorecard Bookmarks Mock Test Poll Notification Knowledge Finder Coaching Institutes Trainee Corner Jobs
close x