If I on behalf of my HUF invest Rs.1 Lakh in the name of minor member of HUF, can HUF claim deduction under section 80C and also I deposit Rs.1 Lakh in my PPF A/C to get deduction u/s 80c. Please clearify.
If I on behalf of my HUF invest Rs.1 Lakh in the name of minor member of HUF, can HUF claim deduction under section 80C and also I deposit Rs.1 Lakh in my PPF A/C to get deduction u/s 80c. Please clearify.