Interest on PPF

This query is : Resolved 

19 June 2009 Hollo ,
I want to know ias interest on PPF is taxble or exempt from tax . If exampt then under which section ?
Explain in detail.

19 June 2009 It is exempt u/s 10(11).

19 June 2009 Interest on PPF whether accrued during the year or received on maturity is totally exempt from income-tax.




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

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries