Ppf a/c on wife name
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
23 January 2015
hi i want to know PPF A/c. on wife's name.
can husband Claim deduction Under section 80C for 15000 Rs. Plz reply urgent
can husband Claim deduction Under section 80C for 15000 Rs. Plz reply urgent
23 January 2015
Absolutely no. Pl see section 80C(4).
Message likes :
1 times
CA R SEETHARAMAN
(Expert)
23 January 2015
Under Section 80C of the Income tax Act, an individual is eligible to claim deduction from total income in respect of contributions to any PPF (belonging to self, husband, wife, any child) subject to an overall limit of Rs. 1,00,000 for a Financial Year (FY).
Message likes :
1 times
23 January 2015
Mr. Seetharaman is correct. My observation went wrong since PPF is confused with PF. Error is regretted.
Rupesh Jain
(Expert)
23 January 2015
yes husband calim the ppf in name of wife.
Rupesh Jain
(Expert)
23 January 2015
yes husband calim the ppf in name of wife.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Depreciation Chart Companies Act
- GST Audit whether Govt Companies are exempt?
- PTRC Show Cause Notice on Email
- Capital Gail Exemption Certificate
- Unable to File TDS Q2 Return – New TRACES Portal Error
- Not ordinarily resident having partnership income in India and salary in USA is any form to filed be
- Issuing of delivery challan by seller of goods
- MSME disclosure and disallowance
- Taxation of crypto futures in India Fy 2026- 2027
- EPF ECR NEW RULES Sep 17th 2026
- Accounting treatment of AMC alongwith the purchase of Laptop
- GST Treatment of Purchases with GST Paid where Outward Supplies of Manufactured CattleFeed Exempt
- Expert Help Required for TDS Refund 100000 Through TRACES – AY 2022–23
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
