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Salary standard deduction

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(Querist)
28 May 2019 If a employee has worked for 8 months.
Whether the standard deduction of Rs. 40000/- will be on prorata basis or fixed 40000/- can be claimed.
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CA Rashmi Gandhi

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CA Rashmi Gandhi (Expert)
28 May 2019 standard deduction is fixed irrespective of the month employed. So you can claim flat Rs.40000/- irrespective of the month worked.
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C.A. Mayur J. Raiyani

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C.A. Mayur J. Raiyani (Expert)
29 May 2019 It is fully allowed irrespective of months.
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