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Section 80 CCD(1)(B) income tax

Others 442 views 4 replies

I joined in state government in 2008 in new pension scheme.Rs 60000(10% of basic+D.A.) deducted from my salary during current financial year.i deposited rs 150000 in PPF.Can i get the below benefit for Income tax
(1) Can i get benefit of rs 1.5 lac PPF under section 80C ?
(2) Can i get additional benefit of Rs. 50000 under section 80CCD(1)(B) as per NPS deduction from my salary?

Replies (4)

Yes to Both ...

 

Yes, you can claim both deduction. There's not any issue.
yes you can... there's no restrictions
Absolutely Yes !

80CCD(1B) has nothing to do with the limit of Rs. 1,50,000/- under 80CCE.


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