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ITR 1 Interest from PPF Account

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Nostradamus !!

101 Points Posted on 05 December 2020

I understand interest from PPF account is exempted income at the same time have to mention in ITR for reporting purpose only.
My query under which section??
thanks & regards

Replies (2)

Quick Summary

Interest earned from a Public Provident Fund (PPF) account is considered exempt income for tax purposes. However, it still needs to be reported in your Income Tax Return (ITR) for informational purposes. This reporting is done under Section 10(11) of the Income Tax Act.

Deepak Gupta

CA Student

8353 Points Posted on 05 December 2020

Originally posted by : Nostradamus !!
	I understand interest from PPF account is exempted income at the same time have to mention in ITR for reporting purpose only.My query under which section??thanks & regards