Is Section 80CCD(1B) applicable to investments made by a spouse in the Atal Pension Yojna (APY)?
Investments made in APY are tax deductible under Section 80CCD (1B) and can be considered similarly to NPS investments. As a result, APY can claim the deduction under Section 80CCD (1B). An investment made in the spouse's name, however, is not eligible for reimbursement under this clause.
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