TMI BlogSection 80CCD - Contribution to employees on Deputation - Perquisite?X X X X Extracts X X X X X X X X Extracts X X X X ..... Dear Experts, An employee is deputed from central government to central PSU. The employer contribution to NPS was 14% when he was drawing salary from central government. Hence, the PSU on deputation o ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... f the employee continues to contribute at 14%. 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, ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... since the employee is on deputation, can the PSU claim 14% deduction or only 10% deduction? Your views with any ciruclar/case laws would help. Thanks. - Section 80CCD - Contribution to employees on ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Deputation - Perquisite? - Query Started By: - Ganesh S Dated:- 28-3-2024 Income Tax - Income Tax - Discussion Forum - Knowledge Sharing Tax Management India - taxmanagementindia - taxmanagement - ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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