Standard dedcution
This query is : Resolved
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
Venkateshwaran
08 May 2018
Yes, he can claim Rs.40,000/-
09 May 2018
Yes ! He can get the benefit of standard deduction of Rs. 40,000.00
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