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