Section 80 ccd(1b) for investment in nps
This query is : Resolved
09 March 2015
The Union Budget-2015-16 has offered deduction under Section 80CCD (1B) of Rs.50,000, towards investment in New Pension Scheme.
Query is raised as to whether this deduction is available to individuals who make contributions in NPS Account directly.
Will be glad to receive the clarification.
Jayprakash Gupta,
Mumbai
Query is raised as to whether this deduction is available to individuals who make contributions in NPS Account directly.
Will be glad to receive the clarification.
Jayprakash Gupta,
Mumbai
21 March 2015
It is better you do not invest in NPS. Just go through and you will know the reason.
http://financeandtaxhub.blogspot.in/search/label/NPS
http://financeandtaxhub.blogspot.in/search/label/NPS
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
- REGARDING GST ON COMMERICIAL PROPERTY
- Is this income indian or foreign income?
- 15ca /15cb whose income tax login? remitter or nri seller's login?
- GST on export of services and Input Credit
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- TDS U/S. 194NF
- Regarding Documentation & Compliances for Opening of Unit of Pvt Ltd.
- ITC temporary reversal and reclaim
- Applicable TDS rate for sale of property in Nov 2024
- Can we claim ITC of Feb-2024 in the month of November-2024 which was not claimed by oversight
- Payment of bonus act - notice pay recovery
- MIS MATCH OF INVOICE NUMBER
- GST Regis.
- ITC c/f from FY2022-23 to FY2023-24 entered the same in table 8C of GSTR9 of FY 2022-23, in FY23-24
- Late filling fees Demand by gst office
- IGST Credit-Show cause notice issued-confusion
- Short and Excess provision of expenses
- Issue of gst e invoice
- Interchangeable words in accounts
- Adjusted profit/Loss in the case of LLP and Pvt. Ltd.company
Trending Online Classes
CAclubindia
