Public Provident Fund Account can be opened by an individual for the purpose of deduction under Section 80C in the name of:

CS Executive · Tax Laws · PYQS · December 2023
Public Provident Fund Account can be opened by an individual for the purpose of deduction under Section 80C in the name of:
(A) Self
(B) Spouse
(C) Children
(D) All the above

Answer & Explanation:

Correct Answer: Option (D)

Official answer key: (D).

Topics: Income Tax Act, 1961

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