Ppf contribution for the fy 14-15


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Querist : Anonymous

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Querist : Anonymous (Querist)
07 November 2014 An employee has made contribution towards PPF of Rs 200000/- on 2.10.14 on his wife & a child.
he is relieving from the company on 3rd September 2014, please let me know the eligibility of tax exemption for him for the financial year 2014-15.

Thanks & Regards,

Rajeshwari B

07 November 2014 He is eligible to claim contribution to PPF under section 80C
.
.
Maximum deduction eligible was 1.5 lakhs

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Querist : Anonymous

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Querist : Anonymous (Querist)
07 November 2014 Thank you!

Rajeshwari


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