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Ppf scheme

This query is : Resolved 

16 March 2012 I HAVE DEPOSITED RS. 100000/- IN MY PPF A/C AND RS. 100000/- IN MY MINOR CHILD A/C..NOW WILL I GET THE PPF INTEREST ON BOTH THE ACCOUNTS???
AS PER SEC 3 OF PPF ACT,1968 WE CAN DEPOSIT AMOUNT IN INDIVIDUAL A/C AS WELL AS MINOR CHILD A/C BUT HE CANNOT HOLD 2 PPF A/C IN HIS NAME....PLEASE GUIDE ME AND IF YOU HAVE ANY CASE, LAW OR SEC AS A REFERENCE THEN PROVIDE ME THE SAME.

16 March 2012 whether both the a/c will be clubbed or considered separately for the limit of rs. 100000/-.????


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