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about salary deduction
how we deduct standard deduction from salary?
Replies (4)
Simply reduce it from gross salary. if salary is 10 lakhs. Net salary after SD is 9.60 lakhs.
standard deduction of Rs 40,000/- from AY 2019-20 under the head income from Salary
Yes,Standard Deduction is deduct from Gross salary,Standard deduction 40,000/-
standard deduction is 40,000 or income from salary whichever is low
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