Deduction under 80c

Kindly help me in reconciling
the variation in certain points in ready reckoner  vis
a vis The Income Tax Act,1961 (Both of Taxmann)

1.    For NSC  :

In Sec 80C (Para 107.1-2a, Page no A-228,35th edition) in
Taxmann’s ready reckoner, point 7 specifies subscripttion
to NSC (VIII issue) as a qualifying amount.
Subsequently, in point 8 of foot notes mentioned therein, it
has been provided that while an individual can make payment
in any of the above referred investments, an HUF cannot
invest in certain points including point 7(with regard to
NSC),meaning thereby, that deduction is not available to HUF
for subscripttion to NSC

However, in Sec 80C (as per page 1.388 of 56th edition ) in
Taxmann’s I.T. Act, clause (ix), deduction in respect of
NSC appears to be available to both Individual and HUF since
no reference seems to have been made to any
section/subsection/clause which excludes HUF from this
benefit.


2.    For PPF :

Similarly, point 5 under section 80C in ready reckoner
mentions contribution to PPF as gross qualifying amount with
reference to footnote 4 and although note 4 specifies that
in case of HUF assessee amount deposited in account of any
member of family is eligible for deduction, footnote 8
provides that while an individual can make payment in any of
the above referred investments, an huf cannot invest in
point 5.

Also as per clause (v) of sub section (2) of Sec 80C as
provided in Taxmann’s I.T. Act, any contribution to
notified provident fund is allowed as deduction where
contribution is to an account standing in name of person
specified in subsection(4) which in turn clearly mentions
members of HUF in case of an HUF assessee.


With regard to above doubts, kindly clarify about
availability of deduction for subscripttion to NSC and PPF in case of HUF.


Regards