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Standard deduction u/s 16(ia)

This query is : Resolved 

26 June 2019 If a person got salary for few month about 50000 rs and withdraw the EPF amount premature ,

then in this case he/she can able to get standard deduction of rs 40000 in Ay 19-20.

please guide me

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26 June 2019 Yes, maximum 40,000 deduction is available irrespective of this scenario.



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