Employer's contribution to PF is eligible for sec 80C

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  1. Hii ,


    Whether Employer's contribution toward PF is eligible for sec 80C ??
     
  2. Sumit Agarwal

    Sumit Agarwal Active Member

    For Employer- He can claim as business expenses
    For Employee- It is an exempt income not to be claimed as 80C deduction.
     
  3. dear sumit ,

    my question is if employee has contributed Rs. 10000 to PF and employer has also contributed Rs. 10000 then what will be ded. u/s 80C .
    Rs. 10000 or 20000???
     
  4. Sumit Agarwal

    Sumit Agarwal Active Member

    Employees contribution would be allowed u/s 80c
    Employer contribution would be exempt for the employee

    So u/s 80C the deduction would be only Rs. 10000 and also the employers contribution of Rs. 10000 would be an exempt income for the employee
     
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