Standard deduction 30% u/s 24


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Querist : Anonymous

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Querist : Anonymous (Querist)
26 August 2014 DEAR SIR,

Standard deduction u/s 24 applicable for which person?

ACT clearly mentioned that this deduction applicable for SPECIFIC PERSON ?


26 August 2014 It is allowed to all......

26 August 2014 where is the word specific person used friend?

Rupesh Jain (Expert)
26 August 2014 its for all having house property income

26 August 2014 it is not restricted to any particluar assessee.


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