PPF A/C HELD BY NON RESIDENT

A SALARIED EMPLOYEE HAS A PPF A/C WHEN HE WAS A RESIDENT IN INDIA. NOW HE HAS BECOME NON RESIDENT. CAN HE CONTINUE TO CLAIM DEDUCTION U/S 80C FOR HIS CONTRIBUTION TO PPF?

Replies (4)
Quick Summary
This discussion addresses whether a salaried employee who has become a non-resident of India can continue to claim deductions under Section 80C for their contributions to a Public Provident Fund (PPF) account. While the employee was a resident when the account was opened, they are now employed overseas. The consensus is that once an individual becomes a non-resident, they generally cannot claim the Section 80C deduction for PPF contributions, regardless of their employment location.

Whether he is employed in India or not??

NO, HE IS EMPLOYED IN CAYMAN ISLAND

Then deduction u/s 80C cannot be claimed
Yes he can claim as per 80c norms.

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
ARTICLESHIP 28 September 2026
Junior Accountant

J S P M & Associates LLP

Pune

B.Com

View Details
Company
20 September 2026
Semi Qualified CA

Navin & Associates

Mumbai

CA Inter

View Details
Company
ARTICLESHIP 16 September 2026
Article Assistant

MANUJ SHARMA AND COMPANY

Noida

CA Inter

View Details
Company
19 September 2026
CA/Semi-CA/BCom

Pravin Sarvaiya

Mumbai

CA Inter

View Details
Company
08 September 2026
Semi-Qualified Assitant

Subrahmanyam & Sivudu CA Firm

Hyderabad

CA Inter

View Details
Company
30 September 2026
Senior Accounts Executive

Codeboard Technology

Chennai

MBA

View Details
Company
16 September 2026
Internal Audit - Team Lead

Consulting & Beyond

Chennai

CA

View Details
Company
15 September 2026
Client-site CA associate

Aditya Muley and Co

Mumbai

CA

View Details