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Demystifying Section 68 to 69C of the Income tax Act, 1961
Is standard deduction of Rs 40000 is applicable for all state government employee
YES
Whether it is applicable to state government employees or all person having salary income
Hi,
This provision is applicable for the persons having salary Income. Also, there is no requirement for actual spending or submission of any bills
Hope this helps
yes
it is applicable to all person who have salary income
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