banner_ad

Ppf interest

This query is : Resolved 
Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
17 January 2018 Hi everyone,
By mistake I invested in my PPF account 2,50,000/-. Want to know dat what's the impact of PPF interest received during the year? Plz tell me is PPF interest is tax free from the whole amount or interest is tax free from 1,50,000/-?
Thanks in advance. Plz answer as early as possible.
Profile Image

KAVIRAJA ADDANGADI

Profile Image

KAVIRAJA ADDANGADI (Expert)
17 January 2018 PPF Interest is Exempted income you can enter under the head under Exempted Income.
Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
17 January 2018 Means it doesn't matter how much amount I invest in PPF.
Profile Image

Renu Goyal

Profile Image

Renu Goyal (Expert)
18 January 2018 Amount of investment will be eligible for deduction u/s 80c subject to maximum limit of Rs 1,50,000 but the interest you earn on it is eligible for exemption u/s 10.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
Join the CA Students WhatsApp Community for ICAI Updates, Trending Courses & Notes!


Similar Resolved Queries


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news



Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
08 May 2026
Paid Assistants

Quick Taxperts Private Limited

Bengaluru

Graduate (Any)

View Details
Company
11 May 2026
Post office

Post office

Anakapalle

Others

View Details
Company
16 May 2026
Account & Audit Asst

RAHUL KHANDEBHARAD & ASSOCIATES

Nashik

B.Com

View Details
Company
14 May 2026
Senior Accounts Executive

Karan Gupta & Co.

New Delhi

Graduate (Any)

View Details
Company
08 May 2026
CHARTERED ACCOUNTANT

SHAH LADHA AND ASSOCIATE

Ahmedabad

CA

View Details
Company
03 May 2026
Senior Chartered Accountant

Nirmal Jain & Co

New Delhi

CA

View Details
Company
28 April 2026
Senior Accounts Professional

Vivek S Gupta & Associates

New Delhi

B.Com

View Details
Company
18 May 2026
MIS Executive

Primarc Pecan Retail Limited

Mumbai

B.Com

View Details