Deduction under section 80c
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
16 March 2018
can I avail deduction under section 80C for amount deducted under NEW PENSION SCHEME by my government employer.
16 March 2018
Yes. NPS (DCPS) contribution is deductible u/s 80C.
16 March 2018
To be more precise,
Employee contribution is deductible u/s 80CCD(1)
Employer contribution is deductible u/s 80CCD(2)
Additional investment upto Rs.50000 is also deductible u/s 80CCD(1) (b)
Employee contribution is deductible u/s 80CCD(1)
Employer contribution is deductible u/s 80CCD(2)
Additional investment upto Rs.50000 is also deductible u/s 80CCD(1) (b)
Message likes :
1 times
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Is this income indian or foreign income?
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- ITC temporary reversal and reclaim
- GST on export of services and Input Credit
- Applicable TDS rate for sale of property in Nov 2024
- Inventory of finished goods
- Quiery in relation to GST liability in case of an advocate who has obtained GST registration.
- Sale of property furniture sale
- RCM INVOICING FROM NOV-2024
- Tds on building rent monthly
- Darpan registration
- Regarding Waiver of Interest levied u/s 50 of PGST/CGST Act
- LAST YEAR 2022-23 ITC IN NEXT YEAR 2023-24 REPORITNG IN GSTR-9
- MIS MATCH OF INVOICE NUMBER
- IGST Credit-Show cause notice issued-confusion
- Issue of gst e invoice
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
- Query for dubts
Trending Online Classes
CAclubindia
