Section 80CCD - Contribution to employees on Deputation - Perquisite?
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....ection 80CCD - Contribution to employees on Deputation - Perquisite?<br> Query (Issue) Started By: - Ganesh S Dated:- 28-3-2024 Income Tax<br>Income Tax<br>Dear Experts, An employee is deputed from c....
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....entral government to central PSU. The employer contribution to NPS was 14% when he was drawing salary from central government. Hence, the PSU on deputation of the employee continues to contribute at 1....
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....4%. However, as per Section 80CCD deduction is allowed only upto 10% for contributions made by a person other than Central/State Govt. In the above scenario, since the employee is on deputation, can....
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.... the PSU claim 14% deduction or only 10% deduction? Your views with any ciruclar/case laws would help. Thanks.<br> Discussion Forum - Knowledge Sharing ....