Deduction u/s 80 C
Chahat Bansal (226 Points)
25 March 2021
In case we invested 1,50,000 in PPF and 50,000 in NPS then maximum deduction will be 1.5 lac or 2 lac ?
2 Replies
CA. Sourav Sarkar
(Chartered Accountant )
(24583 Points)
Replied 25 March 2021
200000 rupees shall be the deduction amount as investing in NPS gets additional deduction of
50000 rupees in addition to 150000 rupees deduction
50000 rupees in addition to 150000 rupees deduction
Kapadia Pravin
(17259 Points)
Replied 26 March 2021
It is 150000/- only. Additional 50000/- under 80CCD(2)(b) in prescribed way
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