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Cash deposited in PPF Account

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22 June 2021 A women received payment in cash Rs. 50,000 for religious teachings which she directly deposited cash in PPF Account instead of depositing first in her savings account. Does she need to show in her Income while filing the returns? Thanks ๐Ÿ™๐Ÿป

23 June 2021 Irrespective of where she utilized, since the source of income is clear we have to offer for Tax purposes

27 June 2021 Thanks. It means she has to reflect the Amount under Income from other sources while filing her return and also can claim under 80C. Please guide ๐Ÿ™๐Ÿป


27 June 2021 Right. Correct understanding.

29 June 2021 Thanks a lot Raj ji๐Ÿ™๐Ÿป

03 July 2021 Sir! But the correct way is to first deposit the money in oneโ€™s savings account and then transferring it to PPF account... right

03 July 2021 Direct way or indirect way.. both are correct.

03 July 2021 Ok... Thanks a lot ๐Ÿ‘๐Ÿป




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