PPF investment made by proprietor to his minor child

VijNat (owner) (24 Points)

23 July 2023  

Dear Experts,

when a proprietor invests in PPF for his minor child, should this be treated as expense or as an investment, in books of accounts of the proprietor? 

I understand, PPF investment made by the prop in his own name is to be shown as investment and interest on this inv under capital account.

Thanks.