Interest on ppf
This query is : Resolved
18 March 2014
Dear sir,
Where to show interest from PPF(2000) IN ITR 4?
Thank you
Where to show interest from PPF(2000) IN ITR 4?
Thank you
18 March 2014
You can show the same in other exempt incomes in "EI" sheet
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18 March 2014
If it is income then show it in Exempted Income (EI) & if it is expense then show it in P&L account as other expenses..
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18 March 2014
whether any sections applicable for interest on PPF?
Thank you
Thank you
18 March 2014
no, no section is applicable in itr simply do as advised above....
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18 March 2014
INTEREST FROM PPF IS EXEMPT U/S 10(11) OF I.T.ACT.
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