Huf
This query is : Resolved
03 March 2012
Dear Sir,
If i have huf account also than i got also exempt in 80C 100000/- 80ccf 20000
If i have huf account also than i got also exempt in 80C 100000/- 80ccf 20000
04 March 2012
Yes You will get exempt of Rs. 1,00,000 u/s 80C and Rs. 20,000 u/s 80CCF.
Only thing is, you might not be able to open a PPF account in name of HUF.
Only thing is, you might not be able to open a PPF account in name of HUF.
07 March 2012
Under both status entitle for deductions provided investments are made out of respective incomes of individual and HUF.
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