Claim under nps
This query is : Resolved
UJWAL KUMAR
(Querist)
15 March 2018
Dear Sir,
I am a salaried individual aged about 30 yrs. I am planning for my tax for the AY 2018-19. I have already invested enough to claim full benefit of Rs 150000 under section 80C of the Act. Can I further invest in NPS for claiming additional deduction of Rs 50000. Is that allowable?. Kindly suggest
I am a salaried individual aged about 30 yrs. I am planning for my tax for the AY 2018-19. I have already invested enough to claim full benefit of Rs 150000 under section 80C of the Act. Can I further invest in NPS for claiming additional deduction of Rs 50000. Is that allowable?. Kindly suggest
K Srinivas, CMA CS
(Expert)
16 March 2018
yes, allowable u/s 80CCD(1B). Investment must be in Tier I Account
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