80c pf limits...
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
19 March 2013
dedcution of rs 1,00,000 in 80 C does limit of 1 lacs also includes employers contribution to PF or only eemployees share to PF.
CA Prashant Gupta
(Expert)
19 March 2013
only employee share
19 March 2013
Only Employees Share is eligible for deduction u/s 80C. You are getting deduction for investment made by you u/s 80C. When employer is contribution that is not your investment. Employers contribution to Pf upto 12% is also exempt from tax.
CA Ayush Agarwal
(Expert)
20 March 2013
No, Not Included.
But Employer Share is also exempted upto 12% of contribution of salary.
But Employer Share is also exempted upto 12% of contribution of salary.
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
- EPF ECR NEW FILE SEP 17TH 2026
- TDS on Fixed Assets purchased
- Under marginal scheme
- Clarification Requested: Gift → NRO → NRE → Overseas Transfer - USA/CANDA (FEMA & Tax Compliance)
- Import of Software Service.
- Utilisation Fy 25-26 TDS challans in Fy 26-27 TDS Return
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- Non filing of I T Returns
- TAX AUDIT ON PROFESSIONAL INCOME
- SECTION 393(3) TAX ON CASH WITHDRAWAL
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
- How to pay remaining amount of TDS after due date?
- Resigning a auditor from the company for misconduct
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
