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Tax Benefit for HUF

Last post 07-05-2009 1:26 PM by Yogi. 1 replies.
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  • 07-05-2009 1:06 PM

    • vinay
    • Top 200 Contributor
    • Joined on 04-17-2008
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    • Points 45

    Tax Benefit for HUF

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    We are a joint family (HUF) and we have earned Rs 2 lakh this year. I have deposited Rs 70,000 in the PPF accounts of each of my 2 kids. Do I get tax benefits?
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    • Post Points: 20

  • 07-05-2009 1:26 PM In reply to

    • Yogi
    • Top 10 Contributor
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    • Joined on 04-01-2008
    • Posts 1,438
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    Re: Tax Benefit for HUF

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     If you are filing returns as HUF, you will be assessed separately and you can claim PPF benefit
    • Post Points: 5
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