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Deduction Under Section 80 C, 80CCC, 80CCD(1), 80CCD(1B)

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21 January 2023 Sir,

Please solve my below query my one relative is working in Public Sector O she invested Rs. 36000 in LIC, Rs. 120000 in PPF, New Pension Scheme Rs. 73400 her contribution and employer contribution is Rs. 103440/- for New Pension scheme .
Kindly guide me what are the above deduction amount show in deduction section i.e Section 80 C, 8CCC, 80CCD(1) & 80CCD(1B) applicable for her

Thanks & Regards
sanjay

21 January 2023 Sec. 80C deduction [including Sec. 80 CC/D(1)] ... is Rs. 1,50,000/- (PPF & LIC)
Sec. 80CCD(1B) ...deduction Rs. 50,000/- (NPS)
Employers contribution to NPS is deductible u/s. 80CCD(2) of the act..

21 January 2023 Sir,
Sec 80CCD(1B) shall i shown additional Deduction of Rs. 50000/- for above case




21 January 2023 Yes. Total deduction for the case will be 1.50 +0.50 = 2.00 lakhs

21 January 2023 Thanks sir for your valuable information

21 January 2023 You are welcome ..



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