Tax exemption
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
03 August 2012
I am salaried. I have opened a PPF account in my name. If my husband deposits 8500 per month (total 1 lakh yearly) to my PPF, will I get tax exemption? As the investment is not coming from my salary and gifting by husband.
03 August 2012
PPF account deposit on own,spouse & children can be claimed by the assessee who is actually paid the investment. since actual investment made by your husband from his taxable Income. so you cannot claim the Investment on that
03 August 2012
No you cant as the same has been deposited by your Husband
04 August 2012
Not psossible to claim
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
- Off Market debit and credit transaction
- Showing Gift from relative in ITR for this year
- Share accounting-->fifo - capital gain - period as per fifo?
- ITR selection for salaries and capital gain less than L
- Short Term Capital gain on shares bought and sold after 2018 onwards
- Treatment of Pension ?annuity returns on PMVY
- ITR filing- non tax audit cases- Asstt.Year 2026-2027
- Soyabean hsn code and gst rate
- Regarding IMS Mandatory from 1st July 2026
- AY 26-27 ITR-4 FILING U/S 44-ADA
- TDS on payment to CHA as per new section
- Sale of Forign Shares
- INCOME TAX ON REDEVELOPEMENT OF FLAT
- Form 10E u/s 89(1). Need clarification because experts opinions differ !!!!
- Gst invoice numbering and delivery challan numbering
- Standard Deduction claim for EPFO Pension and ICICI Prudential Life Annuity
- Small dealers gst returns filing
- Sales amount in Gstr1
- CG after sale of flat
- E Commerce GSTR1 & 3B how to file
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
