Nishant (director) (24 Points)
04 June 2011Dear Sir,
I have query on PPF payment. Every year max contribution is INR 70,000/-. I was unable to contribute to my PPF last year due to some financial problems so can i contribute more then 70000 this year for making up my non contribution last year?
Thanks
Nishant.
CA Shree Jain
(Chartered Accountant)
(1572 Points)
Replied 04 June 2011
In PPF account can not deposit more than 70000/- per year.
CA ADITYA SHARMA
(CA IN PRACTICE )
(16719 Points)
Replied 04 June 2011
you can not depostit more than 70000 in ppf ac.
vipul patel
(Ahmedabad)
(320 Points)
Replied 11 June 2011
max. you Can Contribution in One year is Rs 70,000 you Can't contribute More than Rs 70,000 in one year
CAclubindia
