ITR 1 and EPF and PPF Interest

This question specific to ITR 1

- Earlier I asked the question related to Bank Accounts section in Part E and I assume that it is only Saving accounts. 

- Does that it needs to mention PPF account as well ? 

- Also two years back EPF related rules change. If EPF contribution of Employee is 1,00,000. Does it needs to mention in ITR 1 (its interest).

- Do we need to mention PPF interest in ITR ? If yes then in which section. 

Replies (6)
Quick Summary
This discussion clarifies how to report EPF and PPF interest when filing ITR 1. It explains that PPF accounts don't need to be listed, but PPF interest is reportable under Schedule EI (Section 10(11)) as it's tax-exempt. For EPF, interest becomes taxable if the employee's contribution exceeds £2.5 lakh, and this taxable interest should be declared under Schedule EI.

1. Correct, no need to mention PPF account.

2. Interest taxable in case contribution of employee is more than 2.5 lakhs.

3. Schedule EI.

Thanks for response. 

Is Schedule EI and Section 10 is same ? 

if I assume it is same then Section 10(11) or Section 10(12) for PPF interest. 

Section 10 have some deduction that employer provide. 

Because if it is section 10 , it may finally cut from total gross amount. In that case do we need to include PPF interest in income from other sources ? 

Sec. 10 provides all the exempted incomes under different sub sections. The same is declared in ITR in Schedule EI.

Choose applicable subsections and declare them in ITR.

PPF interest is exempted from tax.

ITR 1 EPF INTEREST

As PPF interest is only for reporting purpose, Can it be put in Any other with desctiption PPF interest ? 

Yes, under sec. 10(11) IT act. 

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
25 August 2026
Senior Accountant

MG Associates

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 14 August 2026
Article Assistant

N J Suresh & Associates

Bengaluru

CA Inter

View Details
Company
21 August 2026
Finance Manager

Resollect Technologies Pvt Ltd

Mumbai

CA

View Details
Company
29 August 2026
Chartered Accountant

Velionit Consulting PVT LTd

Mumbai

CA

View Details
Company
08 September 2026
Semi-Qualified Assitant

Subrahmanyam & Sivudu CA Firm

Hyderabad

CA Inter

View Details
Company
18 August 2026
Audit Assistant - Remote / Work From Home

CA ANOOP P K & ASSOCIATES

Kozhikode

CA Inter

View Details
Company
ARTICLESHIP 17 August 2026
Article Assistant

Jain Ankit and Co

Gurgaon

CA Inter

View Details
Company
ARTICLESHIP 25 August 2026
CA Article's

Saini Pati Shah & Co LLP

Mumbai

CA Inter

View Details