NPS

Tax planning 135 views 1 replies
hi CCI members,

one of my friend hadnt file fy 2015-16 return he has only salary income around 5lac and he already invested 1.5lac in ppf during fy 15-16 and his contri. to pf is 30000rs and employer contri to NPS is 15000..

so my question is he can avail total 165000 as deduction 150000 in 80c and 15000 in 80ccd(1b)?

thnx in advance
Replies (1)

Yes, additional deduction of 15K u/s. 80ccd(1b) available.


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