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Interest on ppf

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14 February 2013 Is interest on PPF be treated as being reinvested like that of NSC?
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CMA. CS. Sanjay Gupta

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CMA. CS. Sanjay Gupta (Expert)
14 February 2013 No Interest on PPF can not be treated as reinvested and no deduction u/s 80C can be claimed for the same.
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CA Prashant Gupta

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CA Prashant Gupta (Expert)
14 February 2013 no,
interest of PPF is exempt so no need to treat like reinvestment.
so it is better in this matter from NSC
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