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Investment related

This query is : Resolved 
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(Querist)
26 March 2012 If husband make a fd in the name of wife, then he can get the benefit of income tax under section 88
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Yogesh Agarwal

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Yogesh Agarwal (Expert)
26 March 2012 There is no such benefit available u/s 88 w.e.f.1st April 2006.

However, no benefit u/s 80C shall be available in your case.

If it is taken in the joint account then the benefit is available to the first holder u/s 80C.
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