Friends,
If i have invested Rs. 1.5 lackhs in PPF and at the same time withdraw Rs. 1.5 lacks from same account which was invested 7 years before, still can I claim exemtion for current year ?
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Ppf tax exemption
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Hi Lakshy,
Amount deposited in PPF is eligible for deduction u/s 80C. Interest earned and withdrawal made from PPF is exempt. Withdrawal is exempt u/s 10(11)
Amount deposited in PPF is eligible for deduction u/s 80C. Interest earned and withdrawal made from PPF is exempt. Withdrawal is exempt u/s 10(11)
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