80CCD (2)

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A user is encountering an issue where their uncle's Form 16 shows a deduction under section 80CCD(2), but the ITR 2 software is reporting the eligible amount as £0. The uncle retired in June 2023 and has salary income for the initial part of the financial year. While other deductions are being processed correctly, 80CCD(2) is not. The suggestion is to check the initial queries within the ITR filing utility, specifically looking for a field related to 80CCD(2) and ensuring it's correctly populated.

RAJA NANDI

RAJA NANDI (Querist)
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04 July 2024 My query is ,
My uncle retired from a PSU in June'2023. Employer shown a deduction of Rs. 71130 u/s 80CCD(2) in Form 16 part B (TRACES) and deducted the TDS accordingly. Now when I am going to file the return AY 2024-25(FY 2023-24) in ITR 2 , System is showing "Amount eligible for deduction under section 80CCD(2) = Rs. 0 "
why is this happening ?

1) retired person is not eligible to claim deduction u/s 80CCD(2) ? (then how the employer show the deduction amount in TRACES Form 16 part B ? )
OR
2) it is a system fault ?

Dhirajlal Rambhia

Dhirajlal Rambhia (Expert)
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04 July 2024 System seems to be a system fault, if you have any salary income to be declared.

RAJA NANDI

RAJA NANDI (Querist)
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04 July 2024 Yes , he has salary income from April to June and then he retired. Other deductions have been taken by the software properly. Even for 80CCD(1B) , the system is considering the amount . But for 80CCD(2) system showing the eligible amount is Rs 0

Dhirajlal Rambhia

Dhirajlal Rambhia (Expert)
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04 July 2024 Check the queries asked by the utility in the beginning of filing ITR. In that, there is a bracket for 80CCD(2). Fill the figure in that bracket and click yes, then save it.

Dhirajlal Rambhia

Dhirajlal Rambhia (Expert)
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28 August 2024 Good luck.

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