Dear Sir / Madam,
I have Post Office PPF account and Following My deposit amounts
21/10/2017 - Rs. 1000
08/02/2018 - Rs. 11000
28/02/2018 - Rs. 35000 - Total Deposits Rs. 46000...
Can I claim PPF deduction above said Rs. 46000...?
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Ppf in post office
Replies (9)
Yes, you can claim PPF deposit deduction u/s 80C.
Further, interest from PPF is also exempt u/s 10(11).
Thank You for the reply...
It's mean I claim the PPF amount in 80C...
Also in Employment PF deducted Rs. 21600 (12*1800). Can I Claim this amount?
Yes u/S 80c you can claim deduction for Rs.46000
PPF and EPF both allowed u/s 80C but to the extent of Rs. 150000
Yes you can claim whole amount as deduction u/S 80c
Yes u/s 80C you can claim deduction for Rs.46000 and Interest on PPF is also exempt u/s 10(11)
Under Section 80C you can Claim Upto Rs. 1,50,000.00 for Investment in your PPF & PF.
Yes you can claim Rs 46000 [ur deposit in PPF] and Rs 21600 [Employment PF] both in 80C.
U still have scope of Rs 82400 to be claimed in 80C
Yes you can claim both deduction u/s 80c, maximum amount Rs. 150000
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