My wife is un employed and house wife. she is having a PAN number. she is not paying any income tax. I want to buy ELSS tax saving mutual funds on her name and on her PAN number. Is there tax benfit for me?
My wife is un employed and house wife. she is having a PAN number. she is not paying any income tax. I want to buy ELSS tax saving mutual funds on her name and on her PAN number. Is there tax benfit for me?
There will be no benefit for u. Instead ur money will have a lock-in of 3yrs..
KeerthY
Mr. Bhardwaj,
It will not be useful for you.
Regards
Vijay kumar
SSGS and Associates
Chennai
CA Inter
View Details
Shaswat initial support private limited
Ahmedabad
CS
View Details
CAclubindia
