Investment in ppf account

Tax planning 391 views 1 replies

grand monther investment in daughter son minor a/c p.p.f. account investment are allowable in income tax 80 c.c. grand mother is no p pf a/c and taxable amount allowable her income tax return

Replies (1)

Dear Gaurav 

 

deduction u/s 80 c is not available to investment made by grandmother to daughters sons account 

if talk about relationship i understand that nani deposit to nati's PPF account.

 

as per section 80 c we can claim of only following :

any sum paid by individual for following:

1. for indivual himself

2. for spouse

3. any child of such individual (married/ unmarried/ dependent or not on indivudual)


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 19 March 2026
Article Assistant

Gupta Sachdeva & Co. Chartered Accountants

New Delhi

CA Final

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details