Rebetion for Sukanya Samruddhi Yojana. Account contribution
Siddu S
(Querist) 17 July 2017
This query is : Resolved
Dear sir, I am planning to open Sukanya Samruddhi yojana IOB my daughter and spouse name jointly and I will be remitting subscription monthly to this account. Under this scenario shall get rebetion for subscription amount under 80 C or do I need to be joint holder in order get rebate?
Thank you.
P. Venu
(Expert) 18 July 2017
The matter may be taken up with CAclubindia.
Rajendra K Goyal
(Expert) 18 July 2017
Guardian can open account before the girl child is 10 years.
Guardian can claim deduction u/s 80 C IT Act.