80 ccd 1 B

Shine (Mechanical ) (215 Points)

23 July 2018

if i am an NPS subscriber and if my 80 c Savings exceed 1.5 lkh .
then can i put the balance in 80 ccd 1 b

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3 Replies

Dhirajlal Rambhia (SEO Sai Gr. Hosp.) (194806 Points)
Replied 23 July 2018

Yes, whatever actual amount subscribed to NPS Tier-1 account (max.eligibility 50K)

Piyush Khandelwal (68 Points)
Replied 23 July 2018

Section 80CCE allows deduction only upto 150,000. However, 80CCD had been amended and an additional Rs 50,000 can be availed in excess of Rs 150,000.

Shine (Mechanical ) (215 Points)
Replied 27 October 2020

If my 80C overflows due to home loan principal
can I put the overflown amount in 80ccd1B

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