Forums › Deductions › 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?
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.
You must be signed in to reply to this question.
Regarding [ col (3) ] of Sch TDS2 in ITR1
Petrol Bills & Driver Salary............................
Want to get return of the tax which my company takes from my
Who can claim deduction from Sukanya Samridhhi Account?
Can I get PPF deductions in parents' name?
Sign Up now and be a part of the TaxForum. Ask Questions, Get Answers, Share Knowledge, Participate and Win.
Click here to Sign Up
Already have an Account?