Clarification about deduction of PPF for HUF u/s 80C

Harsimran Singh (Student) (204 Points)

09 March 2011  

Hello everyone

 

I need clarification on a point which is that

If a HUF had a PPF account on the name of HUF (opened before May, 2005) and HUF made a deposit of Rs. 50000.00 in the same account from the its own interest income.

Is it eligible for deduction