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(Querist)
09 July 2009 whether Interest received on PPF is required to show in Imcome tax return of individual.

In the balance sheet whether Total interest accrued on PPF will be added in PPF or only basic amt will be shown.
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Bhaskaran Chackrapani Warrier

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Bhaskaran Chackrapani Warrier (Expert)
09 July 2009 1) To be shown in fully exempted income.
2) In B/S amount representing principal + interest is to be shown.

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