Deduction U/s 80 C
This query is : Resolved
04 February 2011
Hi,
I have invested in NSC jointly with my mother. Is that allowed for deduction. My mother is house wife she is not filing any return. So there is no question of taking deduction.
My another question is whether joint investment can be made in the tax saving scheme.
I have invested in NSC jointly with my mother. Is that allowed for deduction. My mother is house wife she is not filing any return. So there is no question of taking deduction.
My another question is whether joint investment can be made in the tax saving scheme.
04 February 2011
The First Holder is entitled to claim the
deduction. If the scheme permits you may invest in joint names.
deduction. If the scheme permits you may invest in joint names.
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05 February 2011
First holder may claim the deduction, with a certication that otherone is not claiming the same.
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05 February 2011
you can claim the deduction.
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Guest
Guest
(Expert)
05 February 2011
Agree with experts.
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