Hi
can i deposit 35000 in my ppf account as cash . or payment exceeding 20000 should be paid by check in ppf account ?
thanks
praveen
(Chartered Accountant)
(6971 Points)
Replied 20 June 2011
you can deposit any amount of money into your ppf account in cash. The restriction is only for payments made other than through a banking module.
CA ADITYA SHARMA
(CA IN PRACTICE )
(16719 Points)
Replied 20 June 2011
Originally posted by : praveen | ||
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you can deposit any amount of money into your ppf account in cash. The restriction is only for payments made other than through a banking module. |
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yes agreed
CA Suresh Jain
(Proprietor)
(8989 Points)
Replied 20 June 2011
yes can be be deposited, but why you got the doubt?
Shouvik Chakraborty
(B.COM CA FINAL ACCOUNTS EXECUTIVE)
(120 Points)
Replied 21 June 2011
agreed with praveen
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