Standard dedcution
This query is : Resolved
08 May 2018
If a person has salary income of only Rs 2.6 lac but has about Rs 4 lac of consultancy income from a company, can he still claim standard deduction of Rs 0.40 lac
Venkateshwaran
Venkateshwaran
08 May 2018
Yes, he can claim Rs.40,000/-
09 May 2018
Yes ! He can get the benefit of standard deduction of Rs. 40,000.00
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Query regarding applicability of UDIN on MCA forms signed using DSC by a Chartered Accountant
- Cash gift by grand mother to her grand daughter
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Spice form, ? mark comes in address
- Tds on GST in connection with sale to public company
- Restoration of certificate of practice
- Regarding change in correspondence address in SSP portal
- No Compliences after incorporation
- USEFUL LIFE OF USED/SECOND HAND COMMERCIAL VEHICLES
- Claiming TDS deducted by builder on Hardship compensation and Corpus
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
