Tax exemption on PPF deposits

My PPF account matured some time back which I did not renew or extend. However I had opened an account in the name of my minor son and deposits were made by me to that account. Now my son has become a major and his account has been converted into a major account. Will deposits made by me to his PPF account qualify for tax exemption u/s 80 C for me
Asked 10 months ago in Income Tax from Navi Mumbai, Maharashtra
Dear Sir,

You can claim the ppf deposited in your son's account.

Please feel free to call/revert in case of any doubts

Thanks and Regards 
Abhishek Dugar 
CA CS B.Com
Abhishek Dugar
CA, Mumbai
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Yes u can deposit the amount and get the benefit  under 80C
Vidya Jain
CA, Kolkata
376 Answers
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Hi,

You can continue to claim 80C Deduction for PPF Contribution to your son's account even if he has become a Major (Provided the amount is deposited out of your taxable income and your Son is not claiming 80C Deduction for the same)
Pradeep Bhat
CA, Bengaluru
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You can claim deduction u/s 80C(2)(v) read with 80C(4)(a) in respect of contribution made into the PPF Account of your son, whether he is a major or minor. It does not matter even if you claimed deposits into your own PPF Account now or earlier. 
B Vijaya Kumar
CA, Hyderabad
638 Answers
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Hello Sir,

You can very well the amount deposited in your Son's PPF even though he has turned into a major.

Trust this clarifies your query. 

Feel free to call / get back in case of further clarifications. 

Thanking You. 

Regards,
Rohit R Sharma
BCOM, ACA, LLB-GEN, CERT. FAFP
Rohit R Sharma
CA, Mumbai
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Dear Sir,

Yes investment made by you is eligible for tax deduction to you.
Vishrut Rajesh Shah
CA, Ahmedabad
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