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Vivek Shukla

Category : 80CCD(2)..,
Solved
July 22, 2018 1:51 pm
Hi Amalan,

I have declared 50k in NPS in section 80CCD(1B).
And in my company's flexi basket, I have declared 2995 as monthly reduction. This amount is debited monthly by my employer and getting submitted in NPS account by them.
But above amount is not getting reflected in 80CCD(2) of Form 16.
I ...
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Amlan Dutta
When you say ...monthly reduction , i believe that it is from the employer side ...now instead of givin to you they are putting in NPS and in that case I surely believe that in this case you can claim benefit of employer contribution in 80 CCD(2) despite them having not considered the same in form 1...
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  • July 23, 2018
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Anil kumar

Category : 80CCD(2)..,
Solved
July 21, 2018 9:11 pm
Sir, My employer's contribution towards NPS is not shown or included in my total income shown in form 16, still i m eligible for rebate in sec 80ccd2 [employer contribution in NPS ] ?
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Amlan Dutta
Check NPS statement , if employer contribution reflects in NPS , then you can take benefit under 80 CCD(2) as per eligibility ...In gross salary it has already been added though not separately accounted for , i believe
  • July 21, 2018
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Sambit Kumar Mahali

Category : 80CCD(2)..,
Solved
July 21, 2018 9:40 am
Sir u explained that employer's contribution comes under non exempt allowances and we can claim tax benefit of that amount under 80 ccd(2). I have filled my it return without claiming the employer's contribution and it shows the exact tax amount that was deducted from salary as tds. Now if I claim e...
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Amlan Dutta
It shows no employer contribution ....so i am not sure whether your employer is contributing towards NPS ....with this form 16 and the salary breakup offered, it is not clear whether employer has contributed towards NPS and so not prudent to claim it under 80 CCD(2)
  • July 21, 2018
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Lakhvir Singh

Category : 80CCD(2)..,
Solved
July 20, 2018 10:34 pm
Dear Sir I have gone through your video regarding inclusion of NPS in return...but I am confused regarding employer contribution..kindly tell where to add employer contribution in income (B1)
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Amlan Dutta
while showing in income , It comes in non exempt allowances..... It is already included in your gross and once you separate out basic and exempt allowances from gross ( not including perquisites and profits) , it shall get included in non exempt allowances ...while claiming in deduction it gets inc...
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  • July 20, 2018
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