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2.50,000 exemption

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(Querist)
14 February 2018 Can any body guide me whether a person drawing salary from two entities qualifies for deduction of 250,000 in first 5 lakh of Income from both the entities
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Bhaskaran Chackrapani Warrier

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Bhaskaran Chackrapani Warrier (Expert)
14 February 2018 No, 2,50,000 deduction is from the aggregate income (salary).
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RAJA P M

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RAJA P M (Expert)
14 February 2018 No... Only 2.5lakh is ceiling after amount is taxable
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