lapse in showing ppf interest in itr
Omnarayan Prasad (37 Points)
08 July 2018Omnarayan Prasad (37 Points)
08 July 2018
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(183241 Points)
Replied 08 July 2018
You have to declare current year accrued inerest in schedule 'Exempted Income'
You cannot declare interest of earlier years now. Interest income of PPF being exempt, you may not be penalized, even if realized the mistake.