Employers contribtion towards new pension scheme

This query is : Resolved 

11 January 2016 Hi Experts
Please explain whether the contribution by employer of a State Govt employee to be added with salaries for Income Tax calculation for AY 2016-17

11 January 2016 Yes it is added and deduction for the same can be taken U/s 80CCD(2) (which does not exceed 10% of Basic salary and DA within the terms of employment.)



You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries