What is the position of taxability of PPF interest for the assessment year 2017-18?
Suresh Pai S (Tax Consultant) (1029 Points)
22 July 2017What is the position of taxability of PPF interest for the assessment year 2017-18?
Suresh Pai S
(Tax Consultant)
(1029 Points)
Replied 22 July 2017
I am asking about the interest credited to PPF A/c.
Suresh Pai S
(Tax Consultant)
(1029 Points)
Replied 22 July 2017
Sir.Jaitley was planning to Tax the same isn't it?
Suresh Pai S
(Tax Consultant)
(1029 Points)
Replied 22 July 2017
Sir.I have another doubt. What is the meaning of wef in IT Act? There is an insertion in the 80GG in the finance act 2016 telling that 5000 has been substituted by 2000 wef from 1.4.2017. Does it refer to financial year or assessment year.?
sashi nair
(business)
(44 Points)
Replied 22 July 2017
The law is in effect from that declared date. Where does the question of FY and AY arise ?
Suresh Pai S
(Tax Consultant)
(1029 Points)
Replied 22 July 2017
Analysis of 20 GST Notices (including 2 Appeals) and Practise on Drafting(with recording)
GSTR 9 and 9C for FY 23-24 as amended by Notification 12/2024 dated 10th July 2024(with recording)
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