Section 80ccd

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Querist : Anonymous

Querist : Anonymous (Querist)

19 February 2016 hi i want to know, Atal pension yogna & suknaya samridhi comes under 80CCD or not

Bhaskaran Chackrapani Warrier

Bhaskaran Chackrapani Warrier (Expert)

19 February 2016 1. No tax benefits on the contribution made towards Atal Pension Yojana either u/s 80C or any other section under chapter VI A of the Income Tax Act, 1961.

2.The amount deposited towards Sukanya Samriddhi Account is deductible under section 80C of Income tax Act,1961 upto the overall limit of Rs.1.5 lakhs .

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Querist : Anonymous

Querist : Anonymous (Querist)

19 February 2016 please help more reply

Aashok Kumar Sharma online

Aashok Kumar Sharma

(Expert)

23 July 2025 Great question! Let's clarify the Income Tax treatment under Section 80CCD and where Atal Pension Yojana and Sukanya Samriddhi Yojana fall:

✅ 1. Atal Pension Yojana (APY)
Yes, Atal Pension Yojana does qualify for deduction under Section 80CCD(1).

APY is a part of the National Pension System (NPS) for unorganized sector workers.

You can claim a deduction of up to 10% of salary (or gross total income for self-employed) under 80CCD(1), and an additional ₹50,000 under Section 80CCD(1B) (optional).

❌ 2. Sukanya Samriddhi Yojana (SSY)
No, Sukanya Samriddhi Yojana does not come under 80CCD.

Instead, it qualifies for deduction under Section 80C.

Investments in SSY (up to ₹1.5 lakh/year) are eligible under the overall 80C limit.

🔍 Summary Table:
Scheme Deduction Under Max Deduction
Atal Pension Yojana (APY) 80CCD(1) & 80CCD(1B) ₹1.5L (80C combined) + ₹50K (1B)
Sukanya Samriddhi Yojana (SSY) 80C ₹1.5 lakh (within 80C limit)

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