February 10, 2014 11:46 am
If I transfer 1 Lakh in my ppf account & 1 Lakh in my wife ppf account & if i am not taken rebate in 80c can my wife take rebate under 80c
Dear Dinesh, yes is the answer.
I want to correct one thing that I am taken rebate in 80C(LIC/NSC etc) but not shown PPF savings or not taken rebate on ppf saving than my wife can claim the benefit as I am invest on her behalf in her own PPF account?
Dear Dinesh, for the given situation yes she can claim the benefit as you being her spouse can invest on her behalf in her own PPF account.
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