Treatment Of Interest accured on PPF Balance

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CA Sanjay Baheti (Querist)
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22 July 2010 I know that Interest accured on PPF balance annualy is exempt Income but under which section of I.T.Act ,Please confirm.

CA Sanat Pyne (Expert)
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22 July 2010 The interest earned from Public Provident Fund is totally exempt from tax under Section 10(11) of the Income Tax Act

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Bhaskaran Chackrapani Warrier (Expert)
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22 July 2010 It is section 10(11) of the income tax Act,1961.

CMA. CS. Sanjay Gupta (Expert)
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22 July 2010 exempt u/s 10(11)

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