Itr 1 standard deduction

ITR 254 views 4 replies

 

If a person work in one financial year in two different company whether he can avail standard deduction of Rs 40000/- two time in a single return?

Replies (4)
no you can't avail two times deduction
NO you can't
The deduction is a aggregate limit of ₹ 40000
standard deduction as the name indicates fixed at 40000 irrespective of number of employers


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