Kindly help me, where to show PPF Interest & Postal MIS Interest in ITR4 form
Abhijit Ghosh (.) (618 Points)
24 May 2011Kindly help me, where to show PPF Interest & Postal MIS Interest in ITR4 form
Paresh Rathod
(CA)
(222 Points)
Replied 24 May 2011
The interest earned from Public Provident Fund is totally exempt from tax under Section 10(a) (i) of the Income Tax Act
It will come under Exepmt Income like Dividend income.
Postal MIS income is taxable as income from other sources.
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