with regard to levy of above whether income of rs. 2.5 lacs to be considered after deductions under 80C etc. or before allowing for the same?
further what about standard deduction in respect of above for salaried persons?
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regarding punjab state development tax
Replies (3)
It is to be considered before any deductions, including standard deduction. Take Gross value.
consider total income (GTI- standard deduction and deductions under section 80C)
good clarification and information
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