Principal carry over to 80CCD1B
Shine (Mechanical ) (215 Points)
12 August 2019
if my 80cc savings overflow after adding principal, then can i add the balance in 80 CCD1B
2 Replies
rama krishnan
(12239 Points)
Replied 13 August 2019
if you have any contribution to nps or cps then you can provided that the amount shouldn't be claimed as deduction under any other sections of the act for the same assessment year
sabyasachi mukherjee
(27579 Points)
Replied 13 August 2019
Sec 80CCD(1) of the Act which governs contributions made by an individual taxpayer to NPS is limited to 10% of his contribution amount.
Recent Topics
- FORM 10 IEA IN Revised return
- ITC Eligibility on GTA
- Top Highest Tax-Paying Celebrities: FY 2023-24
- Misplace society Bye law
- Submit ommited invoice of previous year
- Need your valueble insight
- GSTR-9 Invoices
- Agricultural Business Loss
- Reporting in gstr9 of ITC of Previous year reverse
- Tax on Reimbursement of House Rent
Related Threads
CAclubindia
