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Question on author?
by Suhas Mahajan on Jul 11, 2008 05:08 PM   Permalink | Hide replies

I dont think, HUF can invest in PPF? Its false written here.

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  RE:Question on author?
by Daniel on Jul 12, 2008 12:28 AM   Permalink
suhas, u may b correct. i myself dont know, but now 1 lakh limit can b used for investment in any form like lic, school fees, ulip, elss, ppf, etc. r all these investments debared for huf?

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  RE:Question on author?
by up down on Jul 20, 2008 09:08 PM   Permalink
an HUF can definitely invest into PPF.the exemption for this will be same as mentioned in Income tax act.

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The above message is part of the Discussion Board:
Family income of Rs 13.10 lac & zero tax