PPF maturity income can be shown under the head Other Income -Exempt income
31-Aug-2015 •Research Desk
Please advice me while Filing ITR under which head should I show the PPF Maturity amount I received (around 10 Lakhs). I reinvested this amount in mutual funds and post office MIS.
- Kaushal Pandya
PPF enjoys EEE tax status which means the investment amount, maturity amount and interest received all are tax exempt. You can show the maturity income under the head Other Income -Exempt income.
