I am an govt employee. For the contribution to my retirement plan (in NPS account) 10% of my salary along with the same amount from my employer is contributed. In the last FA I have contributed Rs. 60,000 and my employer contributed Rs. 60,000. In addition to this investment I have some other investment around Rs. 80,000 which comes under 80C. Now my query is will I get deduction in ITR under 80C for the contribution from the employer and additional Rs. 50,000 deduction under 80CCD(2) as total investments is Rs. 2,00,000 combining my contribution and employer.
CAclubindia
