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shakti (STUDENT) (147 Points)
DEAR SIR
interest recd in PPF a/c is Exempted or not in income tax? if exempted then plz provide under which section.
thanks & regards
-shakti
Sunshine (Helping All) (10575 Points) Replied 27 July 2011
yes it is fully exempt..
Mihir (Wealth Manager) (5293 Points) Replied 27 July 2011
It is exempt u/s 10 (11)
CA Abhiram Bharat. (Assistant Manager Taxation) (508 Points) Replied 27 July 2011
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