Can I get PPF deductions in parents’ name?

Forums Deductions Can I get PPF deductions in parents’ name?

Can I get PPF deductions in parents’ name?

I am depositing Rs. 10,000 every month in my mother’s PPF account. Can I get any tax benefit?

Profile photo of Sagar Dalavi Asked By: Sagar Dalavi 1 replies 0 helpful answers Last Updated: 6 months, 2 weeks ago
  • Profile photo of Sagar DalaviSagar Dalavi
    Participant

    I am depositing Rs. 10,000 every month in my mother’s PPF account. Can I get any tax benefit?

  • Profile photo of Roohi RasheedRoohi Rasheed
    Moderator

    No, you cannot get tax benefit in this case. Deduction for deposit in PPF account is available under section 80C only for the contribution made in the name of individual himself or in the name of his spouse or kids.

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