Deduction 80C
~@~Muk~@~ (Trader) (109 Points)
10 May 2011
If assesee pur tax saving paper or bond on the name of his major son. Is this eligible for getting deduction of 80c
2 Replies
U S Sharma
(glidor@gmail.com)
(21063 Points)
Replied 10 May 2011
no
to claim deduction the assesee has to be 1st holder, he may put the name of son as joint holder.
M. N. JHA
(CA)
(8316 Points)
Replied 10 May 2011
This is from pce exam. . . .i also not allowed deduction. . . . Thanks a lot. . . . . . . . . . .
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