Ppf account
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
25 April 2013
Dear sir,
May i ask if interest form PPF account to be included in total income from other sources i.e interest form other FD etc.
Example i have not other but only some FD's with Bank whereby Form 16A shows details of interest credited and TDS deducted say i have interest from a fd with a bank amounting to 3 lac and ppf interest from INR25000 for this FY , should i have to put the total amount 325000.00 or 3 lac in ITR form in income of other sources.
Please advise.
May i ask if interest form PPF account to be included in total income from other sources i.e interest form other FD etc.
Example i have not other but only some FD's with Bank whereby Form 16A shows details of interest credited and TDS deducted say i have interest from a fd with a bank amounting to 3 lac and ppf interest from INR25000 for this FY , should i have to put the total amount 325000.00 or 3 lac in ITR form in income of other sources.
Please advise.
25 April 2013
Show Rs 3 Lacs as income from other sources and Rs 25000 in Schedule EI (Exempted Income) as interest.
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