Standard deduction
divy harika manepalli (26 Points)
28 June 2019
Can standard deduction of RS 40000 can be claimed in ay 2019 -20 and is there any salary limit to claim such exemption
divy harika manepalli (26 Points)
28 June 2019
Monika Arora
(learner)
(347 Points)
Replied 28 June 2019
No restriction for standard deduction over salary, or its limit. Standard deduction capped at salary received or rs.40,000/-; whichever more.
Dipesh Jha
(PRACTICE )
(673 Points)
Replied 28 June 2019
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