I am trying to file my returns and provided the amount towards 8CCD(2) for NPS deductions, however the same does not reflect in the system calculated section of new ITR-1 form and I am unable to claim the deduction. Kindly suggest how to proceed.
I am trying to file my returns and provided the amount towards 8CCD(2) for NPS deductions, however the same does not reflect in the system calculated section of new ITR-1 form and I am unable to claim the deduction. Kindly suggest how to proceed.
For additional deductions for NPS investment, sec. 80CCD (1B) is applicable.
Goto Part A of the form "General information"
scroll down to the last. there is an option which says "Nature of employment"
Select that and ur deductions will show up under system calculated column.
My deductible does not fall under this category. It falls under CCD (2) contri by employer
I m facing same problem. How it be resolved
THANKS ,YOU SAVED MY TIME
You are a savior.
Was struggling with this from last 2 days - even raised a query to Income tax dept. :O
Thanks a lot
FACING THE SAME PROBLEM WHILE FILING ITR 2, CHOSE GOVERNMENT AS EMPLOYMENT,BUT NOT WORKING
Hai... I am a state government employee... While filing e-returns, if I select Nature of employment as state Government same amount is not reflecting,,,while if i select the same as central govt its(manual entry and system calculation both are same) reflecting same...Being a state govt employee,can I select the nature of employment as Central govt?
Hi Everyone,
I have doubt with 80ccd(2) of income tax act,
Is that applicable for a state/central govt employee where 10% of basic salary+DA of employee invested in NPS and govt contributes 14% of it. But while calculating Income tax we r not include employer contribution of 14% in our gross salary. Can we claim 80ccd(2) here or not,please clarify
Your question isn't clear. Can you please clarify your question
80CCD(2) is what your employer is deducting and contributing to the NPS
80CCD(1B) is what you are saving limited to 50000 per FY
Select your employers nature as "central / state / PSU / Others
Also select salary as Basic .. else 80CCD(2) will not reflect as saving in SecVI-A Part B
In ITR there is no colom for the employee other than Central Government Pension Scheme for 80 CCD(1b) where should it to report for claiming the NPS contribution by employee whose overall limit is full under 80 c (say ppf lic premium etc).please guide.
In ITR there is no colom for the employee other than Central Government Pension Scheme for 80 CCD(1b) where should it to report for claiming the NPS contribution by employee whose overall limit is full under 80 c (say ppf lic premium etc).please guide. Mohanbhai Gohel rmg.gohel @ gmail.com
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