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When I take deduction u/s 80CCD2?

27 August 2019

I m a BPCL employee. My employer contributes 10℅ towards NPS. But same is not added in my salary income. In this case can I get deduction U/s 80CCD2. Pl. clarify.

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5 Replies

Kapadia Pravin (17259 Points)
Replied 27 August 2019

You get deduction under 80CCD2.
Employer is contributing directly to NPS account. It is like EPF Employer's contribution.

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Arvind Prasad (5 Points)
Replied 27 August 2019

suppose in 1st case employer is added 10% NPS employers contribution amount in his employee salary. While in 2nd case employer is not added 10% NPS employers contribution amount in his employee salary. In which case deduction will be allowed u/s 80CCD(2).

Kapadia Pravin (17259 Points)
Replied 27 August 2019

All depends upon Employer Employee terms and conditions about Salary package

ravi (student) (44 Points)
Replied 28 August 2019

it can be allowed when it was included in gros salary
suppose such amount is not included in salary must mention such amount in salary and put the same amount in section 80ccd2

Kapadia Pravin (17259 Points)
Replied 28 August 2019

mostly it is added in your salary under some head if not separately. Check with your employer BPCL HRD department. Check Form 26 with pay slips. only after that you get a certificate for NPS Employer contribution and then add to your salary income