Avail 50% discount on all subjects for Nov batch(access till Nov 20th). Use coupon code Nov14.

×
Home > Experts > Income Tax > Treatment Of Interest accured on PPF Balance


Please Wait ..

Sign-in to your account


Username:
Password:

Remember Me

Forgot your password?

Sign-up now



Join CAclubindia.com and Share your Knowledge. Registered members get a chance to interact at Forum, Ask Query, Comment etc.


Treatment Of Interest accured on PPF Balance (Income Tax)

Report Abuse
This query is : Resolved



( Author )
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.


CA. SANAT PYNE

( Expert )
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)


Previous

Next

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


Click here to login ( Members Login ) now


Similar Resolved Queries :









submit










Quick Links





back to the top