Exempt income...ppf intrest

This query is : Open

Sunil (Querist)
Follow

26 July 2017 Should PPF interest must claimed every year as exempt income ? I was not aware till now. What should I do?

CA Rashmi Gandhi (Expert)
Follow

26 July 2017 PPF interest is always taxfree.

Sunil (Querist)
Follow

27 July 2017 yes.. but is it must to show it in Income claimed exempt( in return ) every year.....

Sunil (Querist)
Follow

27 July 2017 Yes....it is exempt from income tax but is it must to be shown as Income claimed exempt in return..every year.!

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Unanswered Queries

view all classess