STANDARD DEDUCTION


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For the financial year 2019-20, employees can indeed claim both the standard deduction of £50,000 and House Rent Allowance (HRA) simultaneously. The standard deduction is a fixed amount for salaried individuals. While HRA and standard deduction are permissible together, the validity of claiming 'other deductions' would depend on their specific nature.

07 August 2020 for f.y. 2019-20, from salary can we claim HRA & other deduction other than claiming standard deduction 50000/- allowed i had taken 56000 hra plus other allowance & 50000 std deduction is it valid

07 August 2020 Standard deduction and HRA can be claimed simultaneously. About 'other deduction', exact nature to be known to comment.

08 August 2020 you can claim both. standard deduction is fixed for salaries employees


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