Stranger
(.)
(5526 Points)
Replied 18 December 2015
Deduction u/s-80CCD(1) on account of contribution to notified pension scheme upto 10% salary (i.e., basic +DA, if terms of employment provides) is available if the taxpayer is an individual, whether under employment or self-employed.
However, contribution made by the employer to notified pension scheme is first added to the under head "Salary" of employee then a deduction upto 10% of salary (same as above), is allowed u/s-80CCD(2)...
Hope ur doubt is cleared now...
CAclubindia
