Sir I want to know that can I eligible to take the rebate under section ,80c on investment in Sukanya yojana in the account of of my. grand daughter. Sir I am grandfather of children.
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Quick Summary
This discussion clarifies eligibility for claiming a rebate under Section 80C for investments made in the Sukanya Samriddhi Yojana for a granddaughter. The key condition is that the grandfather must be the natural or legal guardian of the child to claim the deduction of up to Rs. 1.5 lakhs.
If you ( Grandfather ) are the legal guardian of your grand daughter, then only you can claim Deduction U/s 80C of Chapter VIA of the Income Tax Act 1961 upto Rs. 1.5 lakhs on account of "Sukanya Samriddhi Scheme" , otherwise not.
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