Mutual fund deduction - tax planing

Tax planning 495 views 1 replies

Deal all,

I have a question, If a Husband Purchases Mutual Funds on is own name say Rs.50,000/-. can this deduction be claimed U/s 80C in his wifes Return of Income?

Thanks in Advance...

 

Replies (1)
No, only the husband is eligible to claim deduction u/s 80C in his ITR.


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