Deduction u/s 80-C

Okkk..

Got ur point...

Thanx for the explaination...

Invesment in PPF is limited to Rs 70,000 per annum and deduction u/s 80C for such contribution is also

limited to Rs70000 per annum.

But  for employees contribution to RPF (Recognised Provident Fund) deduction can be claimed u/s80C to the maximum extent of Rs100000 per annum.

Guys,  I  think  when you  open  PPF account for Anyone ( Minor, wife , self,,,.. ) its consider as individual PPF account. So one should be able to invest 7000 in self and also  70000 in minor.  He will definately get interest exemption on both account.  only  u/s 80 -c  exemption  will be allowed  not more than 70000  per year.

Vivek is right...... 70000 Rs limit is for PPF not for SPF and RPF

The ,maximum amount allowed to be deposited in the PPF in one year is RS 70000 only

Please check out the following link

https://www.rediff.com/getahead/2006/sep/06ppf.htm

Dear all,

                   as per my knowledge the maximum amt of Rs. 70,000/- can be claimed u/s 80 c regarding PPF

Thanks 

as per the question of pramod sir he is demandind the answer related EPF Not PPf so he can claim deduction u/s 80 c Extent to 100000/- 

so Mr. Pramod ji can claim deduction of Rs. 100000 and the amount of Rs. 44000 shall be ignored 

thanks 

Dharmendra Yadav