Nps deduction
This query is : Resolved
29 April 2018
Can I contribute 2 lakhs in my NPS account and claim deduction of 2 lakhs investment in NPS? I have not invested anywhere else under section 80C.
29 April 2018
Yes, since maximum is restricted to 1,50,000 vide 80CCE excluding NPS.
04 May 2018
So does that mean I can invest 2 lakhs in NPS in a single transaction? I have not invested anywhere else under section 80 C. Please advise. Thanks in advance.
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
- TWO FIRM NAME IN ONE GST NUMBER
- ITR -1 Filing
- Section 54 f disallowed will be taxed at what rate
- Transportation of Petrol, Diesel by GTA and Other than GTA
- Transfer of rectification rights to ao
- TDS whether applicable or not in case of Flat purchase
- Transfer of Rectification Rights to the Jurisdictional Assessing Officer
- Eway issued more than one
- Trust 10AB form required for old asst. years?
- SEA GOING ALLOWANCE
- Utilisation of cgst cash ledger balance first to pay cgst liability instead of cgst credit ledger ba
- Pension Misclassification and Correction in Filed ITRs
- Gratuity payment criteria
- Procedure and Documents Required for Release of FD from DVAT
- How to rectify gstr1 credit note
- Non- payment of GST on supply of services- reg
- Other party gstin shown on my login id
- Accumulated surplus exceeding 15%
- Different GST Number MEESHO
- Query on TDS Section 194H
Trending Online Classes
CAclubindia
