Ppf contribution
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
04 January 2016
1. I have deposited 150000 in PPF account from the income earned this year
2. In addition to above Rs. 50000 are deposited in PPF account. This amount is of FD maturity
3. Do I have to Show this 50000/- in ITR as PPF contribution in this year in addition to Rs. 150000 (ie Total Rs. 200000)?
2. In addition to above Rs. 50000 are deposited in PPF account. This amount is of FD maturity
3. Do I have to Show this 50000/- in ITR as PPF contribution in this year in addition to Rs. 150000 (ie Total Rs. 200000)?
04 January 2016
amount more than 1,50,000/- cannot be deposited in PPF account during single FY.
Message likes :
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04 January 2016
A minimum deposit of Rs. 500 must be made during one whole financial year. The maximum that could be deposited is Rs. 1,50,000 in a financial year.
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