treatment of nps contribution and interest income in itr??
This query is : Open
Manpreet Kaur
(Querist)
05 August 2017
Dear Sir
Please tell me regarding the contribution made by the employer and employee in National Pension Scheme and what will be the treatment of interest credited???
K Srinivas, CMA CS
(Expert)
05 August 2017
Same as in case of PF.
Employer contributions is not taxable
Employee contributions available as deduction u/s 80c
Manpreet Kaur
(Querist)
09 August 2017
mens deduction u/s 80 ccd will be only of employees contribution g???.. @ K Srinivas, CMA CS
K Srinivas, CMA CS
(Expert)
09 August 2017
yes , only employee's contribution is eligible for deduction
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