Nps deduction

This query is : Open 
Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
09 August 2017
I have 1 queries:

My employer has deposited 10% in NPS(S.80CCD(2d)). Can I also deposit 10% of my salary on my own in NPS and be eligible for deduction. THis is apart from Rs.50000 available u/s80CCD(1b)?

Thanks very much in advance for the information.
Profile Image

K Srinivas, CMA CS

Profile Image

K Srinivas, CMA CS (Expert)
09 August 2017 Employer contributions under nps isn't allowed as deduction. only your contribution is available for deduction
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now



Similar Resolved Queries


loading


Unanswered Queries


Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Pro Member Bharat GandhiBharat GandhiPro Member CA Garima BhatiaCA Garima BhatiaPro Member Jayesh PipalwaJayesh PipalwaPro Member RavikumarRavikumarPro Member RAJEEV SHARMARAJEEV SHARMA
Subscribe to Pro
Join an elite circle of professionals



Answer Query



Quick Links



Browse by Category