salary standard deduction
This query is : Resolved
AMITESH YADAV
(Querist)
15 January 2019
what is the standard deduction of rs. 40,000 in salary head???and how to be dealt wuth ut while detailing the form 16??
CA Kamlesh Kukreja
(Expert)
15 January 2019
Standard Deduction is Amount to be Deducted From Gross Salary For Arriving at Net taxable Salary. in Form 16 After Gross Salary Computation Deduction u/s 16 of Rs:-40,000/- is to be given to employees
for Referring example click on below Link https://economictimes.indiatimes.com/img/62914496/Master.jpg
for Referring example click on below Link https://economictimes.indiatimes.com/img/62914496/Master.jpg
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