Pension fund contributions
This query is : Resolved
27 February 2018
Whether an employee can claim deduction at a time under 80 CCD(1) 80 CCD(2) & 80 CCD(1B)
27 February 2018
Yes.
U/S 80 CCD (1) for the Employees contribution to his/her DCPS,
80 CCD (2) -dditional deduction of Rs.50000 of Employee's contribution
& 80 CCD (1B) - Deduction for employer contribution
U/S 80 CCD (1) for the Employees contribution to his/her DCPS,
80 CCD (2) -dditional deduction of Rs.50000 of Employee's contribution
& 80 CCD (1B) - Deduction for employer contribution
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27 February 2018
But under employee's salary only employer's contribution to pension fund will be included right
27 February 2018
Yes. The Form 16 given by the Employer will have details of Employer's contribution. The employee can also take the DCPS Statement online for knowing the Employer contribution
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