Ppf deposit doubt

I want to know that if we have deposited Rs. 70000/-in PPF Account before December 2011, now can we deposit more Rs. 30000/- in our PPF account to claim the maximum limit of Rs. 100000/-. Kindly reply

Replies (13)

Yes in a Financial year you can deposit rs 100000 and maximum ceiling under 80c will also be 1 lakh

but sir deduction for ppf  ceiling limit is only up to 70,000/-

is it correct.

but sir deduction for ppf  ceiling limit is only up to 70,000/-

is it correct.

Now we can avail the dedcution of Rs. 1,00,000/- u/s 80C

If I am wrong then please tell me

Now we can avail the dedcution of Rs. 1,00,000/- u/s 80C

If I am wrong then please tell me

gopal is right....we can deposit max 100,000 rs in ppf .

For the AY 2012-13 : 

You can deposit max. 1,00,000 Rs. in a PPF account and 

avail a deduction under Chapter VI-A (Sec.80C) of Rs.1,00,000 /- for the same

 

Regards. .

YES U CAN CLAIM....1 LACS...U/S 80 C

yes, you can claim upto Rs.100K on acct of PPF depo.

yes u can deposit up to 100,000

yes now ceiling limit is increased from 70,000/- to 100,000/-

sir can we avail the deduction benefit of rs 1,00,000/-  in ppf account & rs-1,00,000/- under 80 c

or we can avail aggreate deduction only upto rs-1,00,000 including all invesments ( ppf + other invesment ) please clear me the meaning

 

thank you.

Vide notification F.No. 1/9/2011-NS-II], dated 25-11-2011, the annual limit for investment in PPF accounts has been increased from Rs 70,000/- to Rs 1,00,000/-. This increase has become effective from 1.12.2011.

The ceiling for deduction u/s 80C of the Income-Tax Act has remained the same, at Rs 1,00,000/-. This ceiling includes contributions to various permissible avenues u/s 80C , including PPF deposit.

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
ARTICLESHIP 11 July 2026
Article

SNCO

Mumbai

CA Inter

View Details
Company
16 July 2026
CA Inter, CA Intermediate, CA IPCC, CA CPT , CA SemiQualifie

Vakilsearch.com

Chennai

CA Inter

View Details
Company
23 July 2026
Semi qualified CA

Garg Bros & Associate CA

New Delhi

CA Inter

View Details
Company
05 July 2026
Financial Controller

NovumLake Partners

Mumbai

CA

View Details
Company
29 July 2026
Audit Executive

RBSM Corporate Advisors Private Limited

Pune

CA

View Details
Company
16 July 2026
Manager - Finance & Accounts

Aliens Group

Hyderabad

CA Final

View Details
Company
23 July 2026
Senior Accountant

Felicity Adobe LLP

Bengaluru

CA Inter

View Details
Company
ARTICLESHIP 16 July 2026
CA Article

Pipara & Co. LLP.

Mumbai

CA Inter

View Details
Follow