What is the income tax deduction limit of PPF interest?
Nishu Kotian (332 Points)
11 April 2019What is the income tax deduction limit of PPF interest?
Debolina Sahu
(student)
(278 Points)
Replied 11 April 2019
PPF interest is tax-exempt, whatever be the amount.
Puja Sharma
(CA)
(433 Points)
Replied 11 April 2019
There is no capping on the limit of PPF Interest exempted u/s 10(11) of the Income Tax Act, 1961
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