PPF Interest
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
11 July 2011
Please let me know.....
whether interest on PPF is exempt or it should first be included in total income and then claim deduction u/s 80C?
whether interest on PPF is exempt or it should first be included in total income and then claim deduction u/s 80C?
11 July 2011
PPF interest is not an taxable income, its exempted at source u/s 10(11)
11 July 2011
Exempted u/s 10(11) of the IT Act,1961.
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