Menu
Principal carry over to 80CCD1B
if my 80cc savings overflow after adding principal, then can i add the balance in 80 CCD1B
Replies (2)
if you have any contribution to nps or cps then you can provided that the amount shouldn't be claimed as deduction under any other sections of the act for the same assessment year
Sec 80CCD(1) of the Act which governs contributions made by an individual taxpayer to NPS is limited to 10% of his contribution amount.
Recent Topics :
- Rule 13(2)(h) and valuation of CCDs
- Leave encashment, New labour code, Management cadr
- GST clarification needed:
- TDS processed with short deduction default
- TDS on rent paid to RNOR Landlord. Can RNOR US tax
- PAN CANCELLATION OF A DISSOLVED PARTNERSHIP FIRM
- Transport agency accounting entry in purchase &
- REGARDING HSN CODE FOR WASHING JOB CHARGES
- Advance Tax Due Date 2026
- Query – Interest on Capital Received by Part
Related Topics :
CAclubindia
