Deduction under section 80c

This query is : Resolved 

27 January 2015 Dear Expert,

Suppose taxpayer's opened a PPF account on the name of his wife (Housewife) who had no income from job ...whether spouse PPF amount exempt under 80C

27 January 2015 Yes spouse PPF amount exempt u/s 80C.

27 January 2015
Yes , PPF Account can be open by an individual in his Spouse name for purpose of claiming deduction under sec 80C.

Regards



.


20 February 2015 wife PPF a/c deposit can claim by the husband.



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