80c deduction
This query is : Resolved
JITENDRA SHARMA
(Querist)
01 October 2016
If grandfather of a minor open a PPF account in the name of minor and deposit amount from his huf then he can claim deduction u/s 80c
03 October 2016
Since the income of the minor would be added to the income of the nominee, the nominee can claim deduction in this regard.
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