Section 80 CCD (1B)

Ghanshyam Lohar (ACCOUNTANT) (60 Points)

15 January 2022  
Greetings of the day.....

 

With reference  Investment in NPS  and additional tax benefit upto 50000 under Section 80 CCD (1B)
of the Income Tax Act, 1961, Kindly answer my some doubts as mentioned below:-


1) How Can a government  employee takes this additional  benefit, who is already contributing this by deduction  from his salary ?

2) How can a Retired Government  employee takes this additional benefit, who is already getting a  pension ?

3) How Can a Government  employee takes this benefit , who is already registered in the old pension scheme ?

4) How Can a employee takes this benefit, who is working in the private sector and is contributing to an EPF account.

5) How can a self employed person take this additional benefit ?

 

Please clear all my doubts, So that I could aware to investors about this.