Clarification regarding deduction in respect of contribution to pension scheme under Section 80 CCD - matter reg

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..... A number of representations have been received regarding deduction under Section 80 CCD for contribution made under pension scheme in the light of Circular No.-1/2010 dated 11th Jan'2010 issued on the subject of Deduction of Tax at Source etc. It is clarified that in accordance with the provisions of Section 80 CCD , deduction in respect of contribution made by an individual in the previou .....

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..... l other allowances and perquisites. 4. It is further clarified that aggregate limit of deduction under this section (80 CCD) along with Sections 80 C , 80 CCC shall not in any case exceed Rs. one lakh. Yours faithfully, (Ansuman Pattnaik) Director (Budget) To, All DDOs of Central Government, State Governments, CAG other persons as per standard list - Circular - Tra .....

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