Can show ppf as asset in personal return ?

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DK MULLA

DK MULLA (Querist)
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30 March 2013 Hi Sir/Madam

Can we show PPF investment as asset in personal return? ?

CMA Ramesh Krishnan

CMA Ramesh Krishnan (Expert)
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04 August 2013 Incase of salaried case no requirement of balance sheet.so no need to show the pf

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DK MULLA

DK MULLA (Querist)
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05 August 2013 Sir Thanks for reply.

Already PPF deducted from my salary.
I have deposited sum amount in PPF account also from my other income.

My total income salary + other crossed 5 lakh.

I want to know we can show both PF in the return as assets ?

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CMA Ramesh Krishnan

CMA Ramesh Krishnan (Expert)
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05 August 2013 What is other income. only if you have business income then you can show the asset,otherwise not required. it covered only sec.80C

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