IndigoLearn

Forums

All Topics Accountancy Auditing Corporate & Other Laws Direct Taxation Indirect Taxation Financial Management Economics Costing Strategic Management Maths & Stats Exams Others AFM Financial Reporting CFA Level I

Sec 80 CCD 1B

Direct Taxation

Suppose if a govt employee is contributing 30000 to NPS from his own salary. And 130000 to PPF. So in order to claim whole 30000 as deduction. Can he claim first whole 30000 in 80 CCD 1B and then 1.3L in 80C. Is that right.

Tanmay Gupta

CA Inter

★ 8K+

26-Aug-21 13:44

308

Answers (1)

Best Answer

Yes

Yoga Vishnu

CA Final

★ 11K+

26-Aug-21 14:20

IndigoLearn

We have been revolutionising learning paths for students of CA, CFA, CMA, US CMA, and ACCA since 2017 . “Learn Like Never Before” & ‘ Students-first ’ are the cornerstones of our approach. We take immense pride in having enabled 13,000 + students succeed in some of the toughest examinations in the world & are grateful to them for the love and respect they have showered us with, over the years.