Dear All,
We have implemented note 2168787 and post that limit of CENTRAL GOVERNMENT PENSION LIMIT has been extended to 2,00,000 in IT0585 (80CCD(1B)).
I maintained data IT0585 and IT0586 as per the attachment but in FORM 16, under 80CCD, system considers only Rs. 50,000. It should be Rs. 80,000/-
and Chapter VI amount should be 2,35,000 (not 2,05,000).
Please help me to understand that calculation.
Best Regards,
RG