Interest on ppf a/c
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
18 June 2013
I have earned interest on PPF A/c for F.Y.2012-13 Rs.76181/- whether this is taxable ? or exempted ?
I got the reply that it is exempted u/s 10 of I Tax Act. Can any one specify the sub clause of this section if any ?
I got the reply that it is exempted u/s 10 of I Tax Act. Can any one specify the sub clause of this section if any ?
18 June 2013
Fully exempted under section 10(11) of the Income tax Act,1961.
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