News Topics

Hey....Can I claim deduction of PPF in respect of…

Hey....Can I claim deduction of PPF in respect of my parents??Also, under which section can I claim…

Hey....Can I claim deduction of PPF in respect of my parents??

Also, under which section can I claim deduction? Also is there any other deduction which I can claim in respect of dependent parents??

0
Kanishka Jan. 12, 2018

No, you cannot claim PPF deduction in respect of parents...You can claim health insurance premium deduction when paid for your parents...Also, you can avail deduction under Section 80DD for Rs 75000/125000 for maintenance including medical treatment of a dependent with disability.