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Interest on PPF

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(Querist)
26 February 2009 Dear all,

Please tell me, whether interest on ppf account is exempt from tax as per income tax act 1961.
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CA.MANOJ LAMBA

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CA.MANOJ LAMBA (Expert)
26 February 2009 yes, interest on PPF account is exempt u/s 10 of income Tax Act-1961.
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Ankit Jain

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Ankit Jain (Querist)
26 February 2009 Dear Sir,

can u tell me exect sub section of this queery.
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Bhaskaran Chackrapani Warrier

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Bhaskaran Chackrapani Warrier (Expert)
26 February 2009 Exempted u/s 10(11).
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Ankit Jain

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Ankit Jain (Querist)
26 February 2009 Thanku Sir

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