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Tax exemption

(Querist) 30 January 2016 This query is : Resolved 
Sir – After putting 1.5 lacs in my PPF Account if I put some amount in my son’s PPF A/c will my son get tax exemption benefit? My son is also employed in a multinational company in India.
Rajendra K Goyal (Expert) 30 January 2016
Yes he would get as separate entity.

Money given by you may be treated as loan / gift.
Guest (Expert) 30 January 2016
What is the total saving of your son and what is his gross income from salary and other sources of income?


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