PPF by HUF

For both answers no…

Is their any particular section which states about this provision for exemption.

If HUF can claim the benifit of LIC than why cannot it can claim the same for the PPF.

Also why HUF cannot claim the benifit for the payment of PPF for Minor Daughter

Sorry for the Incovinience caused to you,

Thanks in advance

If HUF pays taxes on behalf of individual members than you will not get any deduction or well which you are talking about LIC..

If you take LIC on HUF’s name than you can get deduction but if you pay premium of lic to HUF’s member lic than it will not allowed…

If you sign on PPF A/c as guardian or pay PPF amount by your cheque than you can get deduction otherwise not…

can HUF invest in the Minor members PPF? Does it impact the PPF of father and mother? Can they both also invest in their individual PPF?