If I have utilised entire 150000 in 80C and I wish to claim deduction of extra 50000 in Sec 80CCD(1B), Can I directly take 80CCD(1B)
Kindly do me a needful help.
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Deduction under section 80CCD(1B)
Replies (4)
Yes, you can do so.....can directly take 80CCD(1B) Deduction of 50,000/- and use 80C limit for others..
This subsection is independent of subsection 1
Yes it is independent. it is For NPS ..how ever NPS contribution is limited to 10% of salary.
Ok sir thank you so much
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