Regarding p p f in case of minor children

This query is : Resolved 

22 June 2015 my annual income from business is appx 6 lacs or more. my wife is a house wife having income from other sources of appx 4 lacs p.a can we both after investing 150000 each in our p p f account further invest 150000 each for our two children or only i can invest for my children or both of us can invest or we cannot invest

23 June 2015 Both of you can invest in children's PPF account but no further benefit of section 80C if limit of Rs. 1.5 lac is exhausted.



You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries