Deduction under section 80c

This query is : Resolved 

27 January 2015 Dear Expert,

Suppose taxpayer's opened a PPF account on the name of his wife (Housewife) who had no income from job ...whether spouse PPF amount exempt under 80C

27 January 2015 Yes spouse PPF amount exempt u/s 80C.

27 January 2015
Yes , PPF Account can be open by an individual in his Spouse name for purpose of claiming deduction under sec 80C.

Regards



.

20 February 2015 wife PPF a/c deposit can claim by the husband.


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries



CCI Pro
Meet our CAclubindia PRO Members

Follow us
add to google news



Answer Query