Regarding ppf account
This query is : Resolved
25 July 2016
Dear Sir,
I am 27 years old and my father deposited Rs.100000 in my ppf account every year. Is this amount included at the time of calculating total income? Also, who may get the benifit, me or my father?
I am 27 years old and my father deposited Rs.100000 in my ppf account every year. Is this amount included at the time of calculating total income? Also, who may get the benifit, me or my father?
25 July 2016
1 lac need not consider in your income. 80C benefit goes to father.
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