Easy Office
LCI Learning

Interest on ppf

This query is : Resolved 
Profile Image

Profile Image

(Querist)
18 March 2014 Dear sir,

Where to show interest from PPF(2000) IN ITR 4?

Thank you
Profile Image

Nikhil Kaushik

Profile Image

Nikhil Kaushik (Expert)
18 March 2014 You can show the same in other exempt incomes in "EI" sheet
Profile Image

Sandeep Dharar

Profile Image

Sandeep Dharar (Expert)
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..
Upgrade to CAclubindia Pro. Subscribe Now!

Profile Image

POOJA

Profile Image

POOJA (Querist)
18 March 2014 whether any sections applicable for interest on PPF?

Thank you
Profile Image

Sandeep Dharar

Profile Image

Sandeep Dharar (Expert)
18 March 2014 no, no section is applicable in itr simply do as advised above....
Profile Image

CA Deven

Profile Image

CA Deven (Expert)
18 March 2014 INTEREST FROM PPF IS EXEMPT U/S 10(11) OF I.T.ACT.

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

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


CCI Pro
Live Budget News and Updates

Trending Online Classes

view all classess
Let's Talk Money: You've Worked Hard for It, Now Make It Work for You
Click here for more bestsellers


Answer Query



Quick Links