Standard Deduction for ITR
This query is : Resolved
04 August 2020
I have a query for filing returns.
My wife is on sabbatical leave/maternity unpaid leave. For financial year 19-20, she ws paid for 2 months.
So she has income from interest from deposits and 2 months salary.
Can we claim standard deduction of 50K while filing returns.
My wife is on sabbatical leave/maternity unpaid leave. For financial year 19-20, she ws paid for 2 months.
So she has income from interest from deposits and 2 months salary.
Can we claim standard deduction of 50K while filing returns.
04 August 2020
Yes you can claim.
09 August 2020
Yes.....Standard deduction is available till your income is 5 Lacs
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