Maximum deposit limit for myself and my son in PPF?

[alok07]

I want to deposit Rs. 70000 in my PPF account and Rs. 30000 in my son P.P.F. account. Please advice -
1- How much deduction will be allowed for me from PPF from gross total income?
2- What is the maximum deposit limit for myself and my son in PPF?

[PolicyWala]

Maximum payment of Rs.70000/- is allowed in a financial year.

[CA_Amit]

Maximium deposit in your own PPF account is allowed is Rs. 70,000/-

I want to deposit Rs. 70000 in my PPF account and Rs. 30000 in my son P.P.F. account. Please advice -
1- How much deduction will be allowed for me from PPF from gross total income?
You can claim upto Rs. 70,000/- deduction.


2- What is the maximum deposit limit for myself and my son in PPF?
Rs. 1,00,000/- but you can claim upto Rs. 70,000/- deduction in IT.