Itr 1 standard deduction



 

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?

 
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Assistant Manager

no you can't avail two times deduction

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soical work

NO you can't
 
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The deduction is a aggregate limit of ₹ 40000
 
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standard deduction as the name indicates fixed at 40000 irrespective of number of employers
 
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