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Interest on PPF

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(Querist)
19 June 2009 Hollo ,
I want to know ias interest on PPF is taxble or exempt from tax . If exampt then under which section ?
Explain in detail.
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CA Nitin Wadhwani

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CA Nitin Wadhwani (Expert)
19 June 2009 It is exempt u/s 10(11).
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CMA Ankur Pandey

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CMA Ankur Pandey (Expert)
19 June 2009 Interest on PPF whether accrued during the year or received on maturity is totally exempt from income-tax.




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