Compliance Uncovered

NPS Tax Benefit under new section ‘80CCD1B’

NPS tax benefit has been the most ambiguous query, whether we have to split the investment amount into ‘80CCD’ & ‘80CCD1B’ or not? Due to lack of illustrations updated in the IT reckoner & relevant updates, there seems to be a lack of clarity.

Questions that will be addressed as part of this article
1. How to differentiate between investments made under 80CCD1 or 80CCD1B?….Read More