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Can I know about Standard Detection?

11 April 2020

l can see some where about Standard Detection 50,000/- in ITR detection can I know what is Standard Detection? and why they detect this amount?

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CA Naveen Chand (Chartered Accountant) (12729 Points)
Replied 11 April 2020

Standard Deduction is FLAT deduction to salaried person of Rs. 50,000 irrespective of other amount actually incurred on transport allowance and reimbursement of miscellaneous medical expenses.

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CA Thuppada Aruna (Job) (15 Points)
Replied 11 April 2020

Unlike PGBP, Salaried employee has so other deductions, other than exemptions. To facilitate them, standard deduction of RS. 50,000 is provided to them. This includes all reimbursements, kinds of medical, transport..

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