Ppf
This query is : Resolved
06 January 2015
Two PPF payments has been made as per PPF A/c open in individual name Rs 25000 & Rs 10000 on 29-3-14, however Rs 25000 has been claimed under 80C in individual IT Return & Rs 10000 has been claimed in individual's HUF IT Return. Whether claim in HUF IT Return in allowed or not?
06 January 2015
only those who pay the amount in ppf a/c are eligible for deduction u/s 80C and huf will not be eligible in this case as both amount are paid in account for individual.
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