Save Rs 499 on a 2-Year Ad-Free CAclubindia Pro Membership. Subscribe Now!

PPF Interest Exempt - But what drop down to choose?

587 views 5 replies

Rajesh

297 Points Posted on 08 July 2026

Respected Sir/Madam,

Earlier I would just show PPF Interest as Other Exempt income. But now in this ITR I am confused what options to choose from the two drop downs .

Now if I choose Other Income the sub-options are

10(2) Member share from HUF
10(16) Scholership
Exempt as per CBDT Circular
As per CBDT Notifications
Receipts not in nature of income

Can you please guide me what options to choose here?

Thanks

Replies (5)

Quick Summary

This discussion addresses confusion regarding how to report exempt PPF interest in the Income Tax Return (ITR). Previously reported as 'Other Exempt Income', taxpayers are now unsure which specific dropdown option to choose in newer ITR forms. The consensus suggests reporting PPF interest under 'Any Other' or 'Other Income' in Schedule EI, clearly specifying 'PPF interest u/s 10(11)' as the nature of income. It's crucial to ensure the reported amount matches your AIS and Form 26AS to prevent automated scrutiny.

SHIRISH S S

Proprietor

1101 Points Posted on 08 July 2026

EXEMPT U/S 10(11) .

spatel

Engineer

89 Points Posted on 08 July 2026

I did ask same question here.

PPF Interest Reporting in ITR-1 AY 2026-27 | Schedule EI Section 10(11) vs 10(12)

spatel

Engineer

89 Points Posted on 08 July 2026

https://www.caclubindia.com/forum/schedule-ei-for-itr1-615511.asp?offset=1

J S BHAVSAR

CONSULTING

1322 Points Posted on 08 July 2026

From many years I am using ITR2, Schedule EI -> Other Exempt Income

Choose Add and from Nature of Income Dropdown -> Any Other or Other Income,

It will add one blank field, Wwrite "PPF INTEREST" in blank field and enter the PPF interest amount credited to the PPF account on 31 Mar in the next field

Tax Garden

Tax Consultant

1470 Points Posted on 09 July 2026

PPF interest is exempt under Section 10(11) of the Income Tax Act. In Schedule EI (Exempt Income) of your ITR:
- ITR-1: no dedicated PPF row; report under "Any other" with descripttion "PPF interest u/s 10(11)"
- ITR-2: dedicated row "Interest from PPF account" exists in Schedule EI - use that

Amount must match what the bank/post office shows in your AIS and Form 26AS. AIS now captures PPF interest inflows; a mismatch flags the return for automated scrutiny. If your PPF amount is partly for contribution to spouse or minor's account, only your own account's interest is exempt under 10(11) - spouse/minor accounts follow their own exemption.

Tax Garden published a guide on salary-side tax saving for AY 2026-27 covering exemptions vs deductions: [Flexible Benefit Plan and salary restructuring guide](https://taxgarden.in/blog/flexible-benefit-plan-fbp-salary-restructuring-tax-saving-india-2026)