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Querist : Anonymous

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Querist : Anonymous (Querist)
29 March 2018 Dear Expert,
One of our client have open ppf account of his minor child but guardian given to his wife. He want deposit amount in child account. Can he take deduction under 80C.
Thanks
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K Srinivas, CMA CS

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K Srinivas, CMA CS (Expert)
29 March 2018 Yes, he can claim deduction under section 80C for contribution made in the PPF account operated by his spouse

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