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Ppf interest

This query is : Resolved 

21 August 2019 I have not shown ppf interest in earlier it returns
My ppf is matured in financial year 2019-20
Yet to file 2018-2019 return

22 August 2019 PPF INT INCOME IS EXEMPT INCOME AND MATURITY ALSO NOT TAXABLE.
DONT WORRY

22 August 2019 Yes. PPF interest and maturity proceeds are exempt. You need to show it in ITR under Exempt Income which is just a disclosure requirement.

22 August 2019 PPF falls under EEE (Exempt,Exempt,Exempt) tax basket. Contribution to PPF account is eligible for tax benefit under Section 80C of the Income Tax Act. Interest earned is exempt from income tax and maturity proceeds are also exempt from tax.

22 August 2019 @CMA CS Sanjay Gupta : great to see you after a long time

22 August 2019 As PPF Is matured
So can i show full maturity amount as exempt income i.e. principal+ interest


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