Interest on ppf
This query is : Resolved
14 February 2013
Is interest on PPF be treated as being reinvested like that of NSC?
14 February 2013
No Interest on PPF can not be treated as reinvested and no deduction u/s 80C can be claimed for the same.
14 February 2013
no,
interest of PPF is exempt so no need to treat like reinvestment.
so it is better in this matter from NSC
interest of PPF is exempt so no need to treat like reinvestment.
so it is better in this matter from NSC
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