POSTED BY October 1, 2012 2:55 pm ONE COMMENTON
I have a querry . I am investing Rs 1 lac in my PPF account and anothe Rs 70 k in my wife’s PPF account (she is a housewife ) can i get any income Tax benifit on money invested in wife’s PPF account ..
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One reply on this article “Tax rebate on money invested in wife’s PPF account”
You cant get IT benefit for the amount investing in wife s PPF account.
a total exemption is allowed for 1 L(ur acc +wife acc)