Easy Office

Tax on employer contribution to approved super annuation fund

This query is : Resolved 

28 March 2015 Is employer contribution to approved superannuation fund taxable

28 March 2015 Employer's contribution to an approved superannuation fund is exempt from tax u/s 17(2)(vii) to the extent of Rs. one lakh per annuam. Further, as per provision of Section 80CCD (2) contribution made by the employer to a notified pension scheme is exempt from tax to the extent of 10% of salary.



You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries