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Ppf payment by huf

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Querist : Anonymous

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Querist : Anonymous (Querist)
02 November 2012 I have firm in HUF. I want to take 80C deduction in HUF. Want to deposit money in PPF

Q1:) can HUF pay for my PPF.
Q2:) Can HUF pay for my children PPF.
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CA Siddhartha Bhardwaj

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CA Siddhartha Bhardwaj (Expert)
22 November 2012 Deduction in respect of contribution to PPF is available only to an INDIVIDUAL. It is NOT available to a HUF.
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