Deduction u/s.80c
This query is : Resolved
08 February 2014
(Q-1)can huf make contribution in to the ppf account of karta`s grandson (being member of huf) and claim 80C deduction? if yes then whether answer is different if son have a seprate huf ?
10 February 2014
1. yes it is allowed
2. yes the answer would be different if the son has a separate HUF if the the grandson doesnt form part of the grand father's huf.
2. yes the answer would be different if the son has a separate HUF if the the grandson doesnt form part of the grand father's huf.
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