banner_ad

Deduction u/s 80CCD (2)

452 views 6 replies
User Avatar

Taxation
61 Points Posted on 22 August 2018
An employee can claim deduction of govt contributions u/s section of 80ccd (2) in salary head.
How much
Reply Share Follow
On 22 August 2018 at 18:15 Report
Replies (6)
User Avatar

867 Points Posted on 22 August 2018
yeah he can claim
11 Reply
On 22 August 2018 at 18:51
Guest
The maximum benefit you can avail under Sec.80CCD (1) is Rs.1,50,000 (including Sec.80C limit). Along with this Rs.50,000 under Sec.80CCD (1B). So total maximum benefit an individual can avail is Rs.2 lakh (where Rs.1.5 lakh will be part of Sec.80C limit)
Reply
On 22 August 2018 at 18:58
User Avatar

Currently working on improving my skills
2539 Points Posted on 22 August 2018
if an employer contributes any amount towards NPS, then such amount is treated as salary of employee. Employee gets deduction from GTI under sec 80CCD(2) to the extent of 10% of salary. This is not subject to ceiling of 50000/-
58 Reply
On 22 August 2018 at 19:04
User Avatar

"Do the Right Thing...!!!"
128147 Points Posted on 22 August 2018
Yes... I agreed to Mrs Vaishali Jain's View...
463 Reply
On 22 August 2018 at 19:17
Guest
MCA UPDATE 😊 ■ MCA has extended the last date of filing DIR -3KYC without any filing fees upto 15/09/2018 from 31/08/2018. ■ The fees of ₹5,000/- shall be applicable & payable on all delayed filings w.e.f 16/09/2018.
Reply
On 23 August 2018 at 08:56
User Avatar

2 Points Posted on 01 July 2024

Can state government employee with CPS ,is eligible for incime tax deduction under 80CCD2 sir

Reply
On 01 July 2024 at 15:12


CCI Pro
Join the CA Students WhatsApp Community for ICAI Updates, Trending Courses & Notes!

Leave a Reply

Post Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Recent Threads

More recent discussions | Post

Related Threads
Loading

Latest Job Openings

View all
Company
Featured 02 May 2026
Senior Executive

hitesh chandwani & co

Pune

B.Com

View Details
Company
Featured 29 April 2026
Manager- Finance and Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured ARTICLESHIP 19 March 2026
Article Assistant

Gupta Sachdeva & Co. Chartered Accountants

New Delhi

CA Final

View Details
Company
Featured 14 March 2026
Associate CA

N N V Satish&co

Hyderabad

CA

View Details