Ppf transfer from mom account
Triven (Software) (18 Points)
09 January 2017
Hi - Can I make online transfer to my PPF account from my Mom saving account and get income tax rebate?
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(161016 Points)
Replied 09 January 2017
Any deposits to your PPF account, by yourself or on your behalf, is eligible for deduction u/s. 80C in your tax file, not mother's file.
CAclubindia
