Claim of ppf in huf
This query is : Resolved
05 April 2012
hello experts
I am Sanjay. I have deposited a amount of 100000/- in my PPF account of my minor son through HUF account. The PPF account is in the name of my son u/g myself. Can I claim the deduction of PPF u/s 80C of the Income Tax Act in this case? Kindly advise urgently.
Regards
Sanjay
I am Sanjay. I have deposited a amount of 100000/- in my PPF account of my minor son through HUF account. The PPF account is in the name of my son u/g myself. Can I claim the deduction of PPF u/s 80C of the Income Tax Act in this case? Kindly advise urgently.
Regards
Sanjay
05 April 2012
The son is also the member of HUF then deduction will be allowed.
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