Tax saving on gifted amount

sir,

if i have gifted an amount to my wife(non earning member) from my income and she invested that in a PPF.

so,will i get any tax benefit on my gross salary. if yes then under which head(under sec10,80c,etc) and what document do i have to submit to my employer as its proof.

ritesh.........

Replies (1)

Here u wil  get deduction for investment under section 80C and interest on that PPF will be exempted in your hand . U will show this interest amount in EI sheet of ITR.

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
13 October 2026
Accountant

Zerdi & Co. Chartered Accountants

Pune

B.Com

View Details
Company
14 October 2026
Asst. Manager/Dy Manager (Costing)

manufacturing

Pune

CMA

View Details
Company
Featured 07 November 2026
Chartered Accountant

DPV & Associates

Chennai

CA

View Details
Company
31 October 2026
Accountants

sankaran and krishnan

New Delhi

B.Com

View Details
Company
Featured 07 November 2026
Paid Assisstant

DPV & Associates

Chennai

CA Inter

View Details
Company
ARTICLESHIP 22 October 2026
Articleship intern

Srinath Manikanta

Hyderabad

CA Inter

View Details
Company
16 October 2026
CA article trainee

Zerdi & Co. Chartered Accountants

Pune

CA Inter

View Details
Company
Featured 29 October 2026
Accounts Executive

Synergy Keystone

Chennai

B.Com

View Details