Deduction u/s 80CCD(1B)
Vinay Kamal (45 Points)
21 December 202080,000 PPF
20,000 ELSS mutual funds
20,000 LIC
90,000 NPS deduction from salary
Can the assessee in above case claim 1.25 lacs (80 20 20) under 80C & additional 30,000 deduction towards NPS under 80C to fully avail 80 C benefits and claim 50,000 out of balance NPS contribution (90-30 = 60) under 80CCD(1B)?