Tax exemption
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
03 August 2012
I am salaried. I have opened a PPF account in my name. If my husband deposits 8500 per month (total 1 lakh yearly) to my PPF, will I get tax exemption? As the investment is not coming from my salary and gifting by husband.
03 August 2012
PPF account deposit on own,spouse & children can be claimed by the assessee who is actually paid the investment. since actual investment made by your husband from his taxable Income. so you cannot claim the Investment on that
03 August 2012
No you cant as the same has been deposited by your Husband
04 August 2012
Not psossible to claim
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- REGARDING GST ON COMMERICIAL PROPERTY
- Is this income indian or foreign income?
- 15ca /15cb whose income tax login? remitter or nri seller's login?
- GST on export of services and Input Credit
- Regarding Documentation & Compliances for Opening of Unit of Pvt Ltd.
- ITC temporary reversal and reclaim
- TDS U/S. 194NF
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- Applicable TDS rate for sale of property in Nov 2024
- GST ON EXPORT COMMISSION
- LAST YEAR 2022-23 ITC IN NEXT YEAR 2023-24 REPORITNG IN GSTR-9
- MIS MATCH OF INVOICE NUMBER
- IGST Credit-Show cause notice issued-confusion
- Issue of gst e invoice
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
- Query for dubts
- Regarding einvoice taken on nil rated sales
- Strategical investment in Public listed company
Trending Online Classes
CAclubindia
