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Ppf deduction

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(Querist)
15 April 2013 is their any condition in ppf that deduction will be received only when amt is transferred from current year income.?
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CA Vikas Acharya

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CA Vikas Acharya (Expert)
15 April 2013 There is no such condition that contribution should be from the current income, though deduction will be allowed in relevant A.Y. only if the amount is actually paid upto the end of P.Y.

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