Deductions available to huf


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Querist : Anonymous

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Querist : Anonymous (Querist)
18 July 2013 what deductions are available for HUF u/s 80.
PPF is not allowed now. so what will be the best investment?

18 July 2013 Sec.80C for Individual and HUF same provisions only. PPF allowed

19 July 2013 ppf is allowed to huf.

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Querist : Anonymous

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19 July 2013 see this link..ppf cant be extended now.

https://www.citehr.com/303838-ppf-account-huf-can-not-extended-beyond.html

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Querist : Anonymous

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Querist : Anonymous (Querist)
19 July 2013 see this link..ppf cant be extended now.

https://www.citehr.com/303838-ppf-account-huf-can-not-extended-beyond.html

19 July 2013 what is the relation with the link and your query

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Querist : Anonymous

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Querist : Anonymous (Querist)
20 July 2013 ppf account of HUF is closed by bank since it was opened in 1995. now is it possible to invest in ppf ?
and what would be the best investment if ppf is not available?

20 July 2013 usually ppf a/c is for 18 years for huf the period of 18 years is over u can open a new ppf a/c in other bank also.

there are various other ded u/s 80C available to huf.

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Querist : Anonymous

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Querist : Anonymous (Querist)
20 July 2013 but banks have notification that they cant open new ppf a/c of huf

20 July 2013 pls provide the notification stating it.

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Querist : Anonymous

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Querist : Anonymous (Querist)
20 July 2013 its with bank... sbi denies to continue the existing a/c & open new a/c.


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