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lapse in showing ppf interest in itr
I opened PPF account in 2014.i inadvertently did not reflect interest in itr since then.can I reflect this exempt income now.my PPF into is 64000 as on 31 mar 18.if yes then what about previous interest.
Replies (1)
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.
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