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NewBie
Query on PPF account interest calculation and tax benefit?
If I withdraw an amount from my PPF account after fifth of a month and deposit a portion of the same in the account on the same day, will I be able to claim interest on the amount deposited after 5th of the month i.e. for the amount withdrawn and deposited on the same day after 5th of the month? Whether I will be allowed tax benefit for the amount withdrawn and deposited on the same day as deposit?
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