Section 80CCD: How Much Deduction Does It Allow For NPS And APY Subscribers
Section 80 CCD is related to tax deductions for NPS and APY subscribers.
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Section 80 CCD is related to tax deductions for NPS and APY subscribers.
Older people new to ITR filing or with limited knowledge should know their basic tax exemption limit. For instance, for senior citizens, it is Rs 3 lakh; for super senior citizens, it is Rs 5 lakh.
Section 139 (8A) of the Income-tax Act, 1961, allows taxpayers to correct previously filed income tax returns (ITRs) to the Income Tax Department.
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