Limit of Deduction Sec. 80CCD (1A)
Created On: 11 February 2015 |
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Limit of deduction of the contribution by an employee under section 80CCD restricted to `1 lakh [Section 80CCD (1A)]
Limit of deduction of the contribution by an employee under section 80CCD restricted to `1 lakh [Section 80CCD (1A)] [W.e.f. A.Y. 2015-16]
The Finance (No. 2) Act, 2014 has inserted section 80CCD(1A) to provide that the amount of
deduction under section 80CCD(1) shall not exceed `1 lakh.
