Sukanya samridhi accout

What will be accounting entry for Sukanya Samridhi account opened in books of accounts of parent who is contributing. Although scheme is under EEE but whether it needs to be showed in books of accounts or not. 

Also what if both father and mother are contributing then exemption will be available to both and shown separately in books of accounts of parents.

Replies (4)
I think Interest is EEE.
But, Deposit amount from your hand it's under taxable...
Regarding your query as to disclosure in books- Yes it is absolutely required to be disclosed.
If both the parents are contributing then disclose the same in each of the parents books to the extent of their contribution.
Both parents can claim deduction for their contribution subject to maximum of Rs. 150000 pa

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
20 September 2026
Semi Qualified CA

Navin & Associates

Mumbai

CA Inter

View Details
Company
ARTICLESHIP 01 September 2026
Articles

Saini Pati Shah & Co LLP, Chartered Accountants

Mumbai

CA Foundation

View Details
Company
04 September 2026
CA inter Or ca finalist

A Jaiswal and company

Lucknow

CA Final

View Details
Company
17 September 2026
Chartered Accountant

Dass Gupta & Associates

Gurgaon

CA

View Details
Company
26 September 2026
Chartared Accountant

pushpganga ventures

Pune

CA

View Details
Company
19 September 2026
Finance Manager

Mugdha Art Studio

Hyderabad

CA

View Details
Company
09 September 2026
Semi Qualified CA / CA Inter - 2 Groups Cleared

Getmyca Consultant Pvt Ltd

New Delhi

CA Inter

View Details
Company
Featured 11 September 2026
Audit Executive

RBSM Corporate Advisors Private Limited

Pune

CA

View Details