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More than 100000/- deposited in ppf a/c

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(Querist)
08 February 2014 1) can assessee deposit more than Rs.100000/- in PPF A/C in one financial year? 2) If YES then whether he receive interest on amount which is deposited excess than Rs.100000/-?
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CA Deven

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CA Deven (Expert)
08 February 2014 you can deposit however claim can be admirable only upto 1 lacs...

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