Employer contn to PF in Excess of 12% U/s 80C

Prakash (CA Final Student) (32 Points)

17 July 2010  

Hi 
As you know that Employer Contribution in excess of 12% of salary is included in Taxable salary.

Now can the Employee claim exemption U/s 80C towards contribution to PF to the extent of Excess, since he is paying tax on same (Means his income)?????