Duduction in ITR

This query is : Resolved 

Quick Summary
For salaried individuals filing their Income Tax Return (ITR), the standard deduction is automatically applied and cannot be opted out of. While other deductions like Section 80TTA (interest on savings) and Profession Tax (up to Rs. 2,500) are available, they are not mandatory. Claiming these optional deductions will reduce your gross total salary.

21 July 2023 Hello,

For salaried person is it mandatory to avail deductions like standand deduction, Sec 80TTA (interest on saving), Profession tax (Rs. 2,500) while filling ITR.

Because it is reducing his Gross total salary.

21 July 2023 Yes. Standard deduction is auto filled.
You may not claim others.

14 September 2024 Good luck.


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now



Similar Resolved Queries


loading


Unanswered Queries



CCI Pro



Answer Query



Company
09 September 2026
SENIOR AUDITOR & ACCOUNTS MANAGER

Anupam Parashar & Co.

Ghaziabad

CA Final

View Details
Company
09 September 2026
Semi Qualified CA / CA Inter - 2 Groups Cleared

Getmyca Consultant Pvt Ltd

New Delhi

CA Inter

View Details
Company
04 September 2026
CA inter Or ca finalist

A Jaiswal and company

Lucknow

CA Final

View Details
Company
19 September 2026
Finance Manager

Mugdha Art Studio

Hyderabad

CA

View Details
Company
22 September 2026
Account Assistant

Chirag P Shah & Co. Chartered Accountant

Pune

B.Com

View Details
Company
17 September 2026
Chartered Accountant

Dass Gupta & Associates

Gurgaon

CA

View Details
Company
18 September 2026
Accounts & Finance Specialist

ULTRA CHEMICAL WORKS

Thane

CA Final

View Details
Company
08 September 2026
Audit Executive

Thammana & Associates

Srikakulam

B.Com

View Details