Exempt

ITR 145 views 1 replies

A PERSON WHO HAS INVESTED IN PPF SINCE YEAR 2000 WITH BANK OF BARODA. IN F.Y. 2014-15 INTEREST IS CREDITED TO PPF A/C. IS RS.51,667/- IN THE SAME YEAR PPF A/C IS MATURED AND GOT BACK 8,44,,006/-.

IN IT RETURN WHICH FIGURE IS TO BE SHOWN AS EXEMPT INCOME I51,667/- OR 8,44,006/-

 

Replies (1)

yearly earned  interest has to show in return 

if prepare balance sheet this interest will add to previous 

year closing balance 


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