Deduction under 80CCD (1B)

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Husseini (Querist)
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01 March 2022 Can state govt. employee get additional deduction under 80CCD (1B) of Rs.50000/-
Salary as per below
Basic Rs. 437600/-
DA Rs. 74392/-
other allowances ( incl HRA,TA,DCPS) Rs.200168/-
Total Gross Salary Rs. 712160/-
Investment
80C - LIC,NSC Rs.150000/-
80CCD(1) - Employee Contribution Rs.51834/-
80CCD(2) - Employer Contribution Rs.72444/-

Dhirajlal Rambhia

Dhirajlal Rambhia (Expert)
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01 March 2022 Yes, it can be claimed...

Husseini

Husseini (Querist)
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01 March 2022 If employer have already NPS account (PRN) of employee than how the employee get additional deduction under 80CCD(1B).

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Dhirajlal Rambhia

Dhirajlal Rambhia (Expert)
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01 March 2022 The PRAN is allotted to individual investor. The investor is eligible to claim the relief for any investment made to his NPS Tier I account, be directly by himself or through any agent.

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