standard deduction
mohan.anshul1411@gmail.com (12 Points)
19 May 2018
what is standard deduction on salary ?? for fy :- 2018-2019.
3 Replies
CA Ankit R Momaya
(Partner at Bhat Momaya & Associates)
(2319 Points)
Replied 19 May 2018
Rs. 40,000/- for all employees
mohan.anshul1411@gmail.com
(12 Points)
Replied 19 May 2018
so will consider this standard deduction while calculating TDs of the employee
CA Ankit R Momaya
(Partner at Bhat Momaya & Associates)
(2319 Points)
Replied 19 May 2018
Yes, this standard will be considered for TDS Calculation fro FY 2018-19
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