Poonawalla fincorps
Poonawalla fincorps

Standard dedcution

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(Querist)
08 May 2018 If a person has salary income of only Rs 2.6 lac but has about Rs 4 lac of consultancy income from a company, can he still claim standard deduction of Rs 0.40 lac

Venkateshwaran
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Bhaskaran Chackrapani Warrier

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Bhaskaran Chackrapani Warrier (Expert)
08 May 2018 Yes, he can claim Rs.40,000/-
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HEMANT MISHRA

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HEMANT MISHRA (Expert)
09 May 2018 Yes ! He can get the benefit of standard deduction of Rs. 40,000.00
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