Head salary

RAJA P M

"Do the Right Thing...!!!"

128147 Points Posted on 09 June 2019

Standard deduction available to Salary Income...

So, If earn income from salary then Assessee can claim "Standard Deduction".

Manish

Student

190 Points Posted on 09 June 2019

irrespective of specified employee or non specified employee?

RAJA P M

"Do the Right Thing...!!!"

128147 Points Posted on 09 June 2019

Yes... Claim the benefit both employees.

CA Raj Doshi

Practising CA

8954 Points Posted on 09 June 2019

Whether standard deduction shall be allowable proportionately as per number of months worked with multiple employers in a year ????? whether standard deduction shall be on a pro-rata basis of number of months of employment. ??????

Rahul Falodiya

16 Points Posted on 09 June 2019

Read below section again, you will not raise these academic questions.

The income chargeable under the head "Salaries" shall be computed after making the following deductions, namely :—

[ia] a deduction of forty thousand rupees or the amount of the salary, whichever is less;

seema sutar

72 Points Posted on 10 June 2019

If salary is from pension?

Rahul Falodiya

16 Points Posted on 10 June 2019

Read sec. 17(1), where salary means Pension.

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Manish

RAJA P M

Manish

RAJA P M

CA Raj Doshi

Rahul Falodiya

seema sutar

Rahul Falodiya

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