80CCD(2) deduction limit, if 80C deductions of Rs.1,50,000/- is exhausted.

Jain JJ (Student) (36 Points)

10 July 2022  

If 80C deductions upto Rs.1,50,000/- has been exhausted under PPF investment. Can a govt. salaried employee (i.e. NPS subscriber whose contributions in NPS tier 1 account is paid by State Govt as an "employer share" along with his own "employee share") claim additional deductions under 80CCD(2) - "Contribution to pension scheme of Central 
Government by employer". If yes,

Q.1) Then what's is the maximum limit of such deductions under 80CCD(2), if section 80C limit upto Rs.1,50,000 is exhausted.

Q.2) Are there any steps/calculation involved to derive such deduction amount under 80CCD(2)

Refer to Form 16 Pdf attached refer to Pt. (xiii)