80 c investment
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
28 March 2018
i am salaried employee, and i already invest in General Provident fund Rs. 120000/- and in PF Rs. 35000/- now I claim deduction u/s 80 C Rs.150000/-
my question is can i claim more deduction, if i invest in New Pension Scheme.
any other better option for reduce Tax.
my question is can i claim more deduction, if i invest in New Pension Scheme.
any other better option for reduce Tax.
28 March 2018
Rs.50,000 or the amount invested which ever is less can be claimed.
28 March 2018
Yes you can claim maximum Rs.50,000 additionally by investing in NPS u/s 80CCD (1B) of IT Act
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- TDS CREDIT MISMATCHING
- Buy back of shares u/s69
- Unregistered suppliers utility
- Tax Audit Applicability – Newly Formed Partnership Firm with Profit Below 6%/8%
- Difference between Date of Payment and Date of Deduction?
- TODAY INCOME TAX SITE IS NOT WORKING ANY OFFICIAL EXTENSION
- Journal entry of busniess expenses
- Cash balance limit and property purchases limit
- Can we choose not to report losses in ITR3 if they cannot be carried forward?
- ADDITION OF CHALLAN IN TDS RETURN FORM 140
- RCM @ 5% on Hamali charges, Transport Charges, Unloading charges we take ITC or not
- CALCULATION OF DEFFERED TAX - OP BL IS DTL & CURRET IT DTA
- LLP audit under companies act
- Experienced CA recommendation from Kolkata for FNO return filing
- Interest Reporting in Form 168
- Sales of goods of amount Rs77 lakhs to a party
- Tax Demand of ₹4,650 for AY 2026-27
- Concept of Vendor and customner reconciliation
- Mistake in e-invoice identified after 24 hours
- EXPORT PAYMENT
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
