Dear All,
- If a person had opened a PPF A/c in February, 1994.
- Renewed the account for tenure of 5 years twice.
- And finally closed the account in January, 2020.
- In FY 2019-20 he deposited sum of 1.5 lacs and in the same year the account was closed.
Will that assessee still get exemption under 80C for FY 2019-20?
CAclubindia
